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Vol. #28

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Repairing bad credit

October 28, 2011
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The Salvation Army of Chicago partnered with Lutheran Child and Family Services of Illinois in launching Ways to Work, which offers low-interest loans to low-income working parents with bad credit. The program enables struggling parents to buy or repair used cars.

“With as many as one in six Americans living in poverty, we need to do everything we can to help parents hold down their jobs and provide a stable home for their families, and that often starts with reliable transportation,” said Lt. Col. Ralph Bukiewicz, Commander of The Salvation Army Metropolitan Division. “This program also offers an alternative to predatory lenders who charge exorbitantly high interest rates that only push families further into debt.”

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