New Loan Program Helps Undocumented Immigrants

Getty Images

Applicants are required to make 12 payments of $38.75 and keep the credit union account after they finish paying the loan. The credit union offers them a $25 savings bonus once payment is completed. 

The only requirement for the loan is a proof of income. If the applying DREAMer doesn’t have a job, a friend or family member can apply for them. Additionally, all undocumented immigrants must come with the paperwork completed. However, other organizations, such as the Northern Manhattan Coalition for Immigrants Right, can help them put the application together. 

“I want to do it for them, for my kids,” Salas said. “I don’t want them to finish high school and say, ‘Well, you didn’t go then I’m done.’ I want them to go to college."

 

Share this 
About this author1

Cristina Arreola, Editorial Assistant

Originally from El Paso, Texas, Cristina Mari Arreola earned her degree at the Medill School of Journalism at Northwestern University before moving to BrooklynNew York. In her downtime, you can usually find her scouring the city for the most authentic Mexican food (still looking...), scaring herself silly watching horror movies, or baking her favorite sweets. You can follow her on Twitter at @c_arreola

Like this post? Contribute to the discussion!