How do I apply?
If you have a case manager, case worker or social worker, they may be able to refer you to the program. Otherwise, you can call (502) 259-0430 or visit an Opportunity Center near you.
Do I have to meet all the requirements to apply?
Yes. If you don’t meet them now, they are things you can work towards!
Can I apply if I have a permit?
No, you must have a valid driver’s license.
Does my $500 have to be in a savings account?
Yes, checking accounts are too fluid and we need to see that the down payment is set aside.
If I receive some form of Social Security, do I have to be employed?
Yes, you still must be employed in some capacity if you are receiving any form of Social Security.
What type of vehicles do you have?
Our list changes frequently. We usually have four-door sedans; though we can accommodate a family size of eight on a case-by-case basis. Unfortunately, we do not have pick-up trucks or passenger vans as part of the program.
Will my low credit score because my application to be denied?
No, we do not consider credit score. We will, however, complete an educational credit review and inform you of your FICO score as part of the program.
What items on my credit would disqualify me?
You cannot have an open auto loan, recent repossession or an active bankruptcy. Discharged bankruptcies are not an issue.
What if I live with a family member?
If you live with a family member, we can verify your address/rent with a signed, dated letter, instead of a traditional lease.
How long does the application process take?
The average time frame is four-to-six weeks, however some applicants complete the process in two weeks!
Do I have to complete financial coaching?
Yes, all participants will have a financial coach for six months. The coaching programs help our participants to work on financial goals such as saving, credit building and homeownership.
Will this program help me to build credit?
Yes, as long as you make on-time payments on your auto loan you should see a positive impact on your credit score.
