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ways to work
The Problem
Many families live paycheck to paycheck, despite the long, hard hours they put in at work. Life is unpredictable and unexpected. Sickness or unanticipated expenses can plunge a family into crisis. For some, owning a reliable car means the difference between getting and keeping a good job, getting to the grocery store, getting their child to the doctor or dentist, or having their child involved in extracurricular activities.
The Solution
Family Services’ Ways to Work program provides loans, ranging from $500 to $6,000, to help qualifying families purchase a used car or pay for car repairs (repair maximum is $1,000). Borrowers repay the loan at a modest interest rate, for a term of 12-36 months, depending on the loan amount.
| Ways to Work has three primary goals: |
| 1) | To assist families with reliable transportation to help them retain their current employment or obtain a better position elsewhere |
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To educate and work with families to build a positive credit history |
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To assist families in stabilizing their lives and becoming self-sufficient |
Who Qualifies?
| To qualify for a loan, you must: |
 | Be a resident of Forsyth County. |
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Be employed for the last 6 months, working a minimum of 20 hours per week. |
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Have physical and legal custody of a minor child. |
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Have a valid NC driver’s license. |
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Have sufficient disposable income to repay the loan. |
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Have household income that does not exceed certain limits. |
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Be at least 18 years old. |
| How Can I Apply? |
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Download the application here or send an email to info@fsifamily.org |
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Upon receipt, we will mail you an application packet. |
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Complete the application, gather the required documents, and mail them or drop them by our main office. There is a non-refundable $20 application fee due when you submit your application. |
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We will schedule an appointment for you to meet with a loan coordinator. |
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The loan coordinator will review your application and your credit history, and assist you in preparing a realistic budget. |
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Your application will be presented and reviewed by an anonymous loan committee, which meets once a month. |
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We’ll notify you when a decision has been made. |
If you are approved for a loan, you must attend Financial Education classes, which meet the first and second Tuesday of each month. You must attend both dates. We encourage all of our applicants to attend these classes, even if you do not receive a loan.
| Benefits of Ways to Work Loans |
| Borrowers average a 41% increase in take-home pay. |
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Fifty per cent of borrowers accessed further education or job training thanks to their loan. |
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Nearly all borrowers found that the car enhanced their ability to get their children to school on time, take them to medical appointments and access better child care services. |
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Financial literacy skills learned in class are the first step toward improved credit and financial stability. |
Donate Your Car to Us
It served you well ... but now it's time to let go.
Your car can provide working parents in need of reliable transportation a way to work, to school, to the grocery store ... just as it has for you.
Please call today to inquire about the additional tax benefits of donating your car to Ways to Work.
(336) 722-8173
For more information on car donations, visit http://opportunitycars.com.
Two Locations to serve you.
| Two Locations to Serve You |
| Main office |
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Family Services, Inc. |
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1200 South Broad Street |
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Winston-Salem, NC 27101 |
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| (336) 722-8173 |
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| (336) 724-6491 (fax) |
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| Career Connections & Prosperity Center |
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585 Waughtown St. Suite 101B |
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Winston-Salem, NC 27107 |
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http://www.prosperity-center.org/ |
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(336) 788-8295 Ext. 203 |
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| (336) 788-9071 (fax) |
| For additional information on Ways to Work, log on to www.waystowork.org |
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