ETCOG Celebrates Loan Number 1,000 through its Community Loan Center of East Texas

Did you know that ETCOG has a program that enables employers to offer low-interest payroll loans to employees when they find themselves in a financial bind? We established the Community Loan Center (CLC) of East Texas in 2016 to offer low-interest, low-fee personal loans to employees of enrolled employers as an alternative to high-cost consumer and auto title loans.

The CLC of East Texas is a 501(c)3 nonprofit program with the mission to encourage and assist very low, low, and moderate-income persons through credit solutions, loans, and financial counseling, as an alternative to payday loans to promote, develop and improve the economic conditions of people in the East Texas region.

We are proud to announce the program has provided 1,000 loans to date!

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