Gap Loans

Common Wealth Charlotte (CWCLT) has expanded its qualifications for income-gap loans to Mecklenburg County residents.
Now, anyone qualifies who work in the restaurant, food service, hospitality, retail, customer service, call center, professional services (hair stylists, nail technicians, pet groomers, etc.), transit (Uber/Lyft) and other service industries who have been laid off, furloughed or had hours reduced due to the COVID-19 pandemic.
CWCLT now offers full service to you if Spanish is your native language.
Loans have 0% interest and a 12-month repayment term, AFTER a 6-month no-payment-due grace period. (A loan ‪on April 20‬ would not have a payment due ‪until October 20.‬) Clients receive extensive follow-up financial counseling at no cost, and repayment of the loan once employment returns can have a positive effect on credit scores.
If you qualify or know someone who does, Text the word FINANCES to 474747 or Mande un texto con la palabra FINANZAS al 474747 and a CWC advisor will be in touch.