Landmark CU Joins Low-Income Car-BuyingProgram

July 06, 2006, 1:00 a.m. EDT 1 Min Read

MILWAUKEE - (07/06/06) Landmark CU has joined nearbyWaukesha State Bank and state agencies in a special programproviding low loan rates for low-income carbuyers. Applicantsqualified for the Ways to Work program can borrow upto $4,000 to buy a used car at around 8% over 24 months. Stateagencies will connect the carbuyers with the lenders, while thelenders will originate the loans and collect payments. Landmarkbegan offering the loans in April and has made 19 so far. At least25 states have some kind of version of the Ways to Workprogram.

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