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Financial Wellness Plan for 
Employees of the Brazos Valley
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For information about loan renewals, click on the 'Loan Status' button above.

Community Loan Center of the Brazos Valley

The Community Loan Center of the Brazos Valley provides financial products and development services to the Brazos Valley. We are proud to provide affordable, risk-free alternatives to payday and car title loans.

For Employers

Your employees are more productive when they are financially stable. Becoming a participating employer is simple and a win-win situation for employers and employees. Contact us today for more information or read about the benefits here.

For Employees

The Community Loan Center can save you hundreds of dollars! For a $1000 loan due in 1 month, the average payday lender charges $775 in fees. We charge only $120 in fees - and we let you repay the loan in 12 months. YOU SAVE OVER $600 & YOU HAVE 11 MORE MONTHS TO REPAY THE LOAN. For more information, about our small dollar loans, click here.

 

Employee Benefits
  • Up to $1,000 loan
  • 18% interest
  • Up to 12 month payment period
  • $20 Administrative Fee per loan
  • Apply online anytime with fully automated system
  • No credit history or collateral needed
  • Learn more
Employer Benefits
  • Financial Literacy Education
    • Lunch-and-Learn workshops provided by Brazos Valley Financial Fitness Center
    • Individual One-on-One Financial Coaching Sessions for Employees
  • Increased Financial Stability of Employees
  • Strengthen employee loyalty, decrease turnover, and enhance your bottom line. Read more...

How It Works

 

After applying for a loan, we verify your employment with your employer. Once approved, the employer receives the loan repayment schedule and payroll deductions are setup.

 

Online Application

APPLY NOW >

 

Funding

Pending employment verification (24-48 hours), and your digital signature; your loan will be deposited into your checking account in 2 business days

 

Repayment

Loans are automatically paid through payroll deductions


 

Terms

Loans from $400 to $1000

Payback period is 12 months

18% interest; $20 administrative fees

 

Requirements

Minimum age is 18

Working at a participating employer for at least 3 months or longer based on employer

Must have a checking account

Driver license or passport numbers

Social security number

 

Perks

No credit history or collateral needed

No prepayment penalties

Free financial counseling available

Loan reported to credit bureau to help improve credit score

Financial Supporters

 

     Citizens state Banks     BBVA Compass Bank     The Bank & Trust     

JP Morgan Chase     South Star Bank     Brenham National Bank

 

 

 

 

Community Loan Center of the Brazos Valley


Resources

Learn more about the Community Loan Center of the Brazos Valley using the links below.