Apply for loan

Eligibility Criteria

  • Must have a verifiable job (or regular income, SSI)
  • Must have a bank account – verifiable regular income
  • Must agree to make regular automated payments ($25-$50 per paycheck)
  • Must be paid to a vendor/organization/company for expenses (not cash)
  • Must have an annual household income less than $44,000 (preference given to applicants w/ lower incomes)
  • Must demonstrate the significance of the expense, & how it makes a difference for the applicant
  • Must have a valid ID & sincerely agree to the terms to pay off the loan
  • May require an in-person interview (after quarantine has lifted)
  • Must be at least 18 years old, citizen or permanent resident
  • Must be a resident of the MN’s Seven-County Metro area: Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, and Washington counties

What qualifies?

  • Car repair, which may lead to loss of a job
  • Major necessary home appliance repair, e.g. furnace, water heater
  • Professional licensing fees, uniforms
  • Exceptional one-time rent, gas, or electric payment (at the verge of termination of service)
  • Prescription glasses not covered by insurance

What does not qualify?

  • Student tuition loans
  • Car loans
  • Non-essential items (as determined by the NoUsury assessment team)
  • Food, clothes, internet, or phone bills
  • This is outside of the scope of NoUsury, which many other charitable organizations can help
  • A need so great that even the maximum amount of loan would not make a difference
  • Anyone who cannot clearly demonstrate eligibility criteria