Couleecap, Inc. has funding available through the Work-N-Wheels program to provide car loans and car-repair grants for those who are securely employed and meet income requirements.
The Work-N-Wheels program is available to households in Vernon, Crawford, La Crosse and Monroe counties.
The loan program is for applicants who might have been turned down by a traditional lending institution due to low credit scores or flaws on their credit reports. Applicants for the loan program must be employed for at least 90 days or self-employed for one year.
Applicants must demonstrate a need for a vehicle to get to and from work and must show the ability to afford a loan payment as well as a full-coverage insurance payment every month and ongoing vehicle maintenance. Applicants must pay tax, title, and licensing fees for the vehicle they purchase, as well as a 5 percent administration fee. Applicants must be approved prior to making a down payment on a vehicle. Additional eligibility requirements apply.
An applicant for the auto-repair program must be employed and have received his or her first full paychecks. Repairs are for mechanical work and tires only (no oil changes, towing, body work or cosmetic repairs). Applicants will be required to pay for at least 25 percent of the repair, all taxes, and any charges beyond Couleecap’s maximum payment. Applicants must be approved prior to repairs taking place. Additional eligibility requirements apply.
To participate in a 10-minute pre-screening or for more information on the Work-N-Wheels loan or repair program, contact the Couleecap Work-N-Wheels program specialist Krista Heinz at (608) 423-6624.