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What is it?
The Ways to Work Loan Program offers small loans to low-income families who do not qualify for
conventional credit at affordable rates of interest. These loans are designed to help you keep
your job and/or complete your schooling. By repaying the loan in a timely fashion, you can establish
a sound credit history and be able to access conventional lines of credit in the future.
Loans can be used for:
Purchasing a vehicle or making needed repairs
Paying your security deposit, rent, or mortgage payment
Housing repairs
Childcare expenses
Purchasing needed equipment, computers, appliances, tools, etc.
Business purposes
What do I get?
Loans range from $500 to $4,000; the interest rate is less than 8%.
Through this program you can also participate in monthly financial fitness series on topics such as Defensive Driving, How to Purchase a Good Used Car, Youth Employment and Savings, Home Buyer Clubs and Credit When Credit Is Due.
How long do I get it?
The vendor will receive one payment for the total amount of the loan.
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