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Marlborough – The Marlborough Savings Charitable Foundation awarded More Than Wheels, Inc., a $5,000 grant to support their financial education and credit repair program. More Than Wheels provides behavioral counseling and credit repair guidance, conducts financial literacy classes, provides car selection expertise, and partially guarantees car loans at reasonable rates with financial institution partners for consumers who would not otherwise qualify for them. On average, over the life of a car loan, each client saves between $10,000 and $15,000. The nonprofit founded in 2001 empowers individuals to regain control of their credit and improve their overall financial position toward independence and self-sufficiency.
