We provide care and create hope for people across our 38-county service area by offering:
Do you ever feel overwhelmed by your finances?
Catholic Charities of Central and Northern Missouri is now enrolling families in the Predatory Loan Relief program. Through this program, you can receive individualized budget coaching, financial education (one-on-one coaching or group sessions), referrals to other community support resources (such as our client-choice Food Pantry ), and loan refinancing options. Our research suggests individuals are in a place of “financial well-being” when they:
- Have control over their day-to-day and month-to-month finances
- Have the ability to absorb financial shock (or emergencies that cause financial strain)
- Are on track to reach the financial goals they have set for themselves
- Have the financial freedom to make choices that allow them to truly enjoy their lives
Research and experience tell us that in addition to a knowledge component, financial literacy has an action component: the ability or skills to put financial knowledge to use.
Knowing this, in order to achieve financial wellness, a mixture of both knowledge and practice can help individuals:
- Find reliable information to make financial decisions
- Execute financial decisions, adapting as needed to stay on track with financial goals
To request more information on financial services, complete the Predatory Loan Relief General Interest Form. We are here to assist with your financial goals!
The Impact of Predatory Loans and How Relief is Possible
Catholic Charities of Central and Northern Missouri, in partnership with a local community bank, offers the Predatory Loan Relief program in Missouri. This initiative helps families and individuals replace high-interest payday or title loans with affordable, low-interest options while receiving financial coaching and support to regain control over their finances.
Predatory Loan Relief Program
Catholic Charities of Central and Northern Missouri, in partnership with a local community bank, offers the Predatory Loan Relief program to help borrowers escape this cycle. Participants receive:
- Low-interest refinancing to pay off high-cost payday or title loans
- One-on-one and group financial coaching
- Budgeting tools and guidance to build long-term stability
- Access to community resources like our client-choice Food Pantry and Housing Counseling
Why It Matters
Predatory lending often targets vulnerable borrowers with aggressive solicitations and unfair loan terms. Through debt relief help, fair lending alternatives, and financial coaching, our program empowers families to break free from harmful debt cycles and regain long-term financial wellness.
Eligibility Requirements
To qualify, participants must:
- Have payday or title loan balances under $5,000
- Show proof of stable, traceable income
- Demonstrate ability to make monthly loan payments
- Commit to case management and financial coaching
- Complete mandatory financial education courses
Get Involved
Would you like to share this program with your parish or community? Contact us at info@cccnmo.org to request promotional materials or discuss outreach opportunities.
