NEW MICRO-LOAN CREDIT BUILDER PROGRAM!
Are you a current or former foster youth preparing to live on your own? Do you find yourself over-reliant on fringe financial services such as check cashers; rent-to-own stores and pawn shops? Do you find you are charged higher interest rates because you haven’t built a credit history?
If this is you or someone you know, Indiana Connected by 25 has created a credit building micro-loan program to assist foster youth to establish and build their credit history. This NEW program uses small loans to help build credit relationships with community lenders through the act of making on-time monthly payments, and reporting the positive loan repayment behavior to the credit bureaus.
To qualify for the program, you MUST be between 18-25 years old, reside in Marion County (or the surrounding counties) and MUST have a valid State Issued Identification Card or Driver’s License. For more detail please contact:
AMY HENDRIX: Director of Financial Capability Strategies
PHONE: 317-917-8940 ext. 106
To apply, please complete the form found in the following link: