Month: October 2017

Think Progress: This Car Loan Program For Refugees Has a Lower Default Rate Than the National Average

Oct. 31, 2017 – Article from Think Progress highlights effectiveness of our Auto Loan program. “Refugees given small loans to buy a car as they build a new life in the United States are more likely to pay back those loans at a higher rate than their credit scores might suggest, a new brief by …

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San Diego Union Tribune: “Refugee Auto Loan Program May Be Model to Help Low-Income Families With Financing”

Oct. 26, 2017 – Article from San Diego Tribune highlights success of Auto Loan program. “Clients of a lending program that began at a San Diego refugee resettlement agency are more likely to pay back their loans successfully than their credit scores indicate, according to a report released Thursday by the International Rescue Committee.” Read …

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