05/15/2026
If you are looking to get a loan to purchase your next car, stop by the EnVision Center to chat with the staff from HumanKind Economic Resource Center! They can guide you through the process of getting a reliable vehicle while also helping you stay on top of your finances.
🚗 Have you heard about “forever loans”?
The recent CNBC article linked below discussed the growing trend of auto loans stretching 72 to 84 months just to keep monthly payments affordable. While lower payments may sound helpful in the moment, longer loans can leave buyers owing more than their vehicle is worth years later.
https://www.cnbc.com/2026/05/09/capital-one-auto-forever-loans-used-cars.html
Edmunds explained in the article: “As loan term lengths increase on average, the pace at which consumers make progress paying down their balance slows.”
That’s one reason why HumanKind’s Ways to Work program keeps our vehicle loans at a maximum of 48 months.
Our goal isn’t just to help participants get into a vehicle — it’s to help them build toward long-term financial stability and avoid being trapped in years of debt or negative equity.
Reliable transportation can create access to employment, education, childcare, and opportunity. We believe responsible lending matters just as much as reliable transportation. ❤️🚘
If you’re looking for a program designed to support upward mobility — not “forever payments” — Ways to Work may be able to help.