Loan Application

If you meet the eligibility requirements listed below, and would like to apply for a loan, you are invited to request an application by calling:
 
The Ways to Work Family Loan Program 
4727 Revere Avenue 
Baton Rouge, LA 70808
Tel.: 225.924.0123
Fax: 225.924.5455
email to: vfreeman@fsgbr.org

There is $10.00 non-refundable application fee to apply. You can also obtain an application and instructions on-line by clicking below on Loan Application & Instructions.   You may then either fill out the application on-line and return by email or print out the one page document and return by fax, mail or bring in to our office.
                                                               
Eligibility Requirements:
1.  Must be employed six months or longer at your current job, working at least 20 hours a week, or be attending vocational school, a training program, or college with 1/3 of credits already completed.

2.  Loan must be related to helping to make employment or education a success.

3.  Applicant must be able to demonstrate the ability to make modest monthly payments.

4.  Applicant must be unable to qualify for conventional financing.

5.  Applicant must have one or more children age 17 or younger living in the household.
 
6.  Applicant must reside in one of the following parishes: East Baton Rouge, West Baton Rouge, East Feliciana, West Feliciana, Iberville, Livingston, Ascension, Pointe Coupee, St. Helena, and St. James. 

Loan Size: Up to $4,000 for car purchase, or $750 for car repair. Interest Rate & Term: 8% APR interest rate for up to two years. (Payments are about $180 per month for a two-year $4000 loan.) 
 
Loan Application & Instructions (download, print out and email or fax)

On-line Application (complete and submit application on-line)

Application Process: Applicant may call our office or apply on-line (by filling out the application and emailing it back), be pre-qualified, submit an application and then attend an orientation.  After attending orientation, a confidential interview is scheduled during which each applicant is counseled on their finances, and a spending plan that will support loan repayment is verified. Applicants that are turned down or are otherwise ineligible are given information on what they can do to become eligible or are referred to other resources for help. Some of the factors that might cause an application to be denied are insufficient disposable income, a long pattern of credit abuse or application inconsistencies or dishonesty.