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DriveForward Vehicle Loan Program
Peninsula Family Service
Description:
Helps low-income individuals maintain self-sufficiency by providing small loans for automobile purchases.Location
24 Second Avenue, San Mateo, CA 94401
37.5640113
-122.3258258
Other
Services
Service Description:
Helps low-income individuals maintain self-sufficiency by providing small loans for automobile purchases.How to Apply:
Regular Service Hours
Service Description:
DriveForward provides affordable loans to help participants purchase reliable used vehicles and begin the process of repairing their credit. Life is infinitely more challenging when you must rely solely on public transportation; commutes become longer, errands more difficult, and arriving on time to work or school nearly impossible. Many of the people we help are unable to cover expensive repairs on aging vehicles, cannot afford the high costs of buying a new car, or do not qualify for affordable loans through mainstream lenders. Through DriveForward, participants gain access to a affordable loan with the power to strengthen their personal and financial stability, as well as their credit scores through on-time monthly payments.Fees:
Only the interest rate on the loan.Audience:
Individuals who live or work in either San Mateo County of Santa Clara CountyEligibility:
Valid California Driver's License Household income below 80% of the County median, based on family size - for example, household income must be less than $83,00 per year for a family of three.How to Apply:
Call us at 650-403-4300 x4105 to sign-up for a financial workshop. Applications are provided at the workshop.Service Wait Estimate:
ImmediatelyRequired Documents:
- Bank statements (last 3 months)
- Government-issued picture identification
Payment Methods Accepted:
- Cash
- Check
Service Areas:
- San Mateo County
- Santa Clara County