(PRWEB) September 03, 2013
The Branches Ways to Work car loan program provides financial education, a low-interest car loan, and support to working families who are committed to repairing their credit status and gaining a higher level of financial security. Clients use the loans to purchase reliable used vehicles or repair an existing vehicle. These vehicles then help working families retain or move ahead in their jobs, reduce lateness and absenteeism at work, access additional education or job training and meet their family’s needs, such as transporting children to childcare and school activities. Branches’ Loan Coach Coordinator, Michele Edwards-Collie, has been working diligently with her volunteer Loan Committees to approve deserving clients for this great program.
Branches is excited to announce that it is increasing its maximum car loan amount from $6,000 to $8,000 per family. In order to qualify for this higher loan amount of $8,000, individuals and families must meet all required program standards. In addition, all applicants must have successfully completed at least two months of financial coaching at the Center for Working Families in Broward or at the United Way Center for Financial Stability, housed and operated by Branches, in Miami-Dade,
To learn more about the Ways to Work Program, please call 786-507-3999.
For 40 years, Branches (formerly South Florida Urban Ministries) has made a positive impact in the community by delivering on its mission to serve, educate and inspire people through student, family and financial stability services. Branches provides long-term, holistic services for motivated individuals and families. We help people grow deeper and climb higher in life by building a foundation through education so they can achieve their goals and fulfill their potential. For additional information about Branches, please call 305.442.8306 or visit http://www.branchesfl.org.
About Ways to Work (http://www.waystowork.org)
Ways to Work is a unique Community Development Financial Institution in Milwaukee. Through a network of more than 50 loan offices across the country, Ways to Work provides financial education and small, short-term, low-interest loans to working families with challenging credit histories. Most clients use their loans to purchase a reliable pre-owned vehicle to enhance their ability to remain engaged in the workforce and better manage their lives. The program provides an alternative to predatory lending for people with a demonstrated commitment to achieving increased self-sufficiency and who are intent on pursuing a higher degree of success in mainstream financial markets. All agencies that operate the program are members of the Alliance for Children and Families, a sister company of Ways to Work. Both companies are part of the Families International Inc. group of companies based in Milwaukee, Wisconsin.