'Creditwise' Program Helps SubprimeMembers

CHETEK, Wis. - (02/10/05) -- Heritage CU has introduced a newprogram to make loans to people with either subprime credit historyor no credit history at al. The 'creditwise' program providesmembers with a copy of their credit report, which is then evaluatedwith a loan officer, who then counsels the member on how to rebuildtheir credit. Then the credit union arranges loans at the lowestpossible rates and monthly payments. The program is aimed atproviding an alternative to high-cost finance companies and paydaylenders, and educating the members on making smarter financialdecisions.