We've done it to pay-off high interest title loans two or three times, and our experience has been very positive.
Best Regards, Dave Dougherty Ways to Work Family Services Center 600 St. Clair Ave. Bldg 3 Huntsville, AL 35801 (256) 551-1610 For information on Ways to Work, please visit: http://www.fsc-hsv.org/fsc-wtw.htm ----- Original Message ----- From: <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Monday, September 08, 2003 2:10 PM Subject: [WTW] A loan to payoff a loan > I had someone call who owes under $4000 on her current car loan and she > wants a WtW loan to pay it off. Her current payment is $426.00/month and > with the WtW loan her payment would be around $180.00. She meets the > initial eligibility requirements and our loan would definently help her. > > Has anyone done a loan to payoff an existing one? If so, has the experience > been a positive one, has the client paid as agreed or did they have trouble > making the WtW payments as well? > > I'd appreciate any input anyone has-thanks. > > Suzanne Reid > Program Coordinator > Ways to Work Detroit Loan Project > (313) 883-8399 > > The above information is intended for the addressee and may contain > information that is privileged, confidential, or otherwise exempt from > disclosure under applicable law. If the reader of this message is not the > intended recipient, you are hereby notified that any dissemination, > distribution or copying of this communication is strictly prohibited. If > you have received this communication in error, please immediatley notify us > by telephone. Thank you. >
