ParishPlus · Web viewMini Loan Program THE SOCIETY 8,000 Home Visits 800 Volunteer Members 3 8...

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Hard-working people, struggling to pay their bills because of payday and auto- title loan payments. WE CAN HELP. Qualifications Source of Income Have a checking account Agree to electronic funds transfer Added Benefits Savings account opened with $25 Financial coaching Certificate of completion awarded to We’re Here to Help For more information please contact: Society of St. Vincent de Paul Diocesan Council of Dallas 3826 Gilbert Ave. Dallas, TX 75219 THE SOCIETY 8,000 Home Visits 800 Volunteer Members 38 conferences in nine counties of North Texas MINI LOAN PROGRAM 64 mini loans granted 97 payday/ title loans converted Average APR of Predatory Loans Converted is 343% WORKING TOGETHER Pay off predatory loan Our mission is to provide an innovative, holistic end-to-end process providing relief from predatory lenders. The Society partners with participants to convert predatory loans into a low-interest loan with 3% APR for a period of 12-months. Mini Loan

Transcript of ParishPlus · Web viewMini Loan Program THE SOCIETY 8,000 Home Visits 800 Volunteer Members 3 8...

Page 1: ParishPlus · Web viewMini Loan Program THE SOCIETY 8,000 Home Visits 800 Volunteer Members 3 8 conferences in nine counties of North Texas MINI LOAN PROGRAM 64 mini loans granted

Hard-working people, struggling to pay their bills because of payday and

auto-title loan payments.

WE CAN HELP.

Qualifications

Source of Income Have a checking account Agree to electronic funds transfer

Added Benefits

Savings account opened with $25 Financial coaching

Certificate of completion awarded to participant when loan is paid off along with an additional $25 deposited into

savings account.

We’re Here to HelpFor more information please contact:

Society of St. Vincent de Paul

Diocesan Council of Dallas

3826 Gilbert Ave.

Dallas, TX 75219

Assistance helpline: 469-607-0909

THE SOCIETY

8,000 Home Visits 800 Volunteer Members

38 conferences in nine counties of North Texas

MINI LOAN PROGRAM

64 mini loans granted 97 payday/ title loans converted Average APR of Predatory Loans

Converted is 343%

WORKING TOGETHER

Pay off predatory loan Debt recovery

Savings

Our mission is to provide an innovative, holistic end-to-end process providing relief from

predatory lenders.

The Society partners with participants to convert

predatory loans into a low-interest loan with 3% APR for a

period of 12-months.

This Program speaks to the vision of ending the cycle of

poverty through systemic change.

Mini Loan Program