To be eligible for a low-interest loan under the Viers Auto First Time Auto Buyers Program, participants must complete a buyer's training course and meet 5 qualifications
1. Must have a valid Michigan driver's license and be 18 years or older with no derogatory credit, excluding medical bills
2. Must have 3 months' minimum job time — 6 months for temp jobs — with no more than 2 jobs in the last year
3. Income must be verifiable. Cash and seasonal jobs do not qualify.
4. Must have a gross monthly income of $1,235 or higher
5. Must meet Team One Credit Union membership requirements
Picking out and financing a vehicle for the first time can be a tricky task, but one used-car dealership in Michigan is rolling out a program to make the process a little less daunting.
