The partnership, announced at SCLC's Annual Convention as part of the organization's 50th anniversary celebration, is an extension of SCLC's ongoing Economic Empowerment Initiative. As announced in November, that initiative includes an examination of ways to address the urgent issue of helping more Americans access credit through improving and maintaining higher credit scores.

"Millions of Americans today remain outside the financial mainstream -- whether un-banked, under-banked, red-lined, 'sub-primed' or otherwise cut off from access to the financial products and services they need," said Dr. Charles Steele, Jr., President and CEO of SCLC. "They come from all walks of life, but they are disproportionately African-American, Hispanic and moderate-income. Consistent with SCLC's historic commitment to civil rights and economic justice, this partnership represents a critical part of our campaign for economic empowerment."

Dr. Steele continued, "We should never forget Dr. King's words regarding economic justice. He said, 'Our struggle is for genuine equality, which means economic equality.' That struggle continues today at SCLC. We are pleased to join with CompuCredit to address the real issues regarding lack of access facing so many Americans. We seek not only to educate and inform, but also to help consumers gain access to the kinds of financial products and services they need for their financial empowerment."

"We are honored to be partnering with SCLC on this important initiative," said David G. Hanna, CEO and Chairman of CompuCredit. "We look forward to working with SCLC as together we address the issue of improving access to credit."

The partnership will include the following components:

--  Community education: SCLC and CompuCredit will jointly conduct a
series of regional workshops on financial empowerment and issues related to
building and maintaining credit-worthiness -- including local public
officials, clergy and business leaders -- across the country, with the
support and participation of SCLC's local chapters;
--  Economic literacy: SCLC and CompuCredit will produce and distribute a
printed and on-line guide to economic literacy and financial empowerment;
--  SCLC credit card: Beginning in 2008, SCLC will issue an SCLC-branded
credit card, which will be marketed by CompuCredit. Consumers requiring
credit enhancement will be offered the opportunity to enroll in a credit
card that includes a "graduation" program, marketed by CompuCredit, through
which consumers gain better payment terms as they establish a positive
payment history.

SCLC and CompuCredit announced their partnership during SCLC's 49th Annual Convention, held at the Marriott Atlanta Marquis from August 3-8, 2007. SCLC also celebrated the opening of its new international headquarters building on historic Auburn Avenue in downtown Atlanta.

About SCLC

Co-founded by Dr. Martin Luther King, Jr. in 1957, Southern Christian Leadership Conference (SCLC) is renewing its commitment to bring about the promise of "one nation, under God, indivisible" together with the commitment to activate the "strength to love" within the community of human kind. SCLC is a nonprofit, non-sectarian, inter-faith, advocacy organization that is committed to non-violent action to achieve social, economic, and political justice. It consists of local chapters and affiliates around the country that support the organization, and work in their own communities to implement national programs such as voter registration, improvement of education, economic empowerment and direct action against racial injustice.

About CompuCredit Corporation

CompuCredit Corporation is a specialty finance company and marketer of branded credit cards and related financial services. CompuCredit provides these services to consumers who are underserved by traditional financial institutions. Through corporate and affinity contributions focused on the underserved and un-banked communities, CompuCredit also uses its financial resources and volunteer efforts to address the numerous challenges affecting its customers. For more information about CompuCredit, visit http://www.CompuCredit.com .

Contacts:
CompuCredit Corporation
Tom Donahue
770.828.1577
Email Contact
For Southern Christian Leadership Conference
Jerry Thomas
Jerry Thomas Public Relations
Email Contact
312.285.5166