Community Care Loans
 
Credit Building
Outreach Loan
 
 
Community Outreach Loan
 
If you’re carrying high-interest debt with a monthly payment that’s hard to manage along with the expense of food, housing and transportation, CFE’s Outreach Loan could really help. The approved loan amount of $250 to $1,000 is designed to help you avoid the hassle and costs associated with payday lending. As you repay the loan over a maximum 12 month period, you’re establishing a positive credit history. Funds can be paid to you or directly to your creditor(s) to pay off high-rate loans or credit cards.
 

Community Outreach Loan Payment Example:

Loan Amount
APR1
Term
11 Monthly Payment (Principal and Interest)
Final Monthly Payment (Principal and Interest)
Total Finance Charges
$500
3.500%
12 Months
$42.48
$42.23
$9.51

1Annual Percentage Rate.

 
 
 
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