New auto loan program helps secure affordable financing for those with lower credit scores

Families looking to purchase a dependable vehicle may soon be able to do so with affordable financing.

Lacasa, Inc. is addressing the struggle to find affordable financing by launching a new Auto Loan Program, providing a pathway to reliable transportation and financial stability.

The program offers affordable, fixed-rate loans of $6,000 to $12,000 and are designed for residents with FICO scores of 600 or below.

Loans will be serviced by Interra Credit Union, and participants will receive one-on-one financial coaching to improve credit, strengthen budgeting skills and create a foundation for financial success.

T o be eligible, applicants must be employed and live in Elkhart County, have a household income below 80% of area median income, a FOCI score of 600 or below and be committed