More Than Wheels (formerly Bonnie CLAC)
More Than Wheels uses the car buying process as a catalyst to help struggling families break the cycle of poor financial decision-making while buying a great car at a great price. More Than Wheels helps clients repair their credit, create a workable budget, access prime-rate car loans, and buy a reliable new or almost new car (key to retaining steady work). Once they have purchased cars with More Than Wheels, clients have a low default rate (4% compared to a market average of 8.2% or higher). Initial data suggest that those who graduate from the program go on to significantly improve their credit score and their long-term financial situation.