Family Loan Program | Northwest NJ Community Action Partnership (NORWESCAP)
Helping working families stay employed, our loan program offers interest rates of 6%-8% depending on income. Repayments span 12-24 months, with applicants limited to one loan type. Approval hinges on need, repayment capacity, bills, income, and credit, but excludes expenses like credit cards, medical, legal, utilities, phone bills, and more.
Categories
Physical Address
350 Marshall St, Phillipsburg, NJ 08865
Hours
Mon - Fri 8:00 am - 4:30 pm
Application process
Call to apply. Turn around time is three weeks for approval status.
Eligibility
Applicant MUST be working and meet income guidelines.Loan Type Include ONLY the following:- Used Auto up to $3,000- Car Insurance up to $1,000- Car Repair up to $1,000- Child Care up to $800- Back rent/back mortgage/security deposit up to $1,000- Employment related expenses (uniforms, tools, etc.) up to $500.
Service area
Hunterdon County, NJ Morris County, NJ Somerset County, NJ Sussex County, NJ Warren County, NJ
Agency info
Northwest NJ Community Action Partnership (NORWESCAP)
Provides a comprehensive array of strategies, programs, and services that create opportunities to improve the lives of low-income individuals and families.