Michelle Corson, CEO and founder of On The Road Lending, speaks Monday to South Bend area groups to introduce the nonprofit organization that helps people needing transportation and have financial barriers. Staff photo byGreg Swiercz
Michelle Corson, CEO and founder of On The Road Lending, speaks Monday to South Bend area groups to introduce the nonprofit organization that helps people needing transportation and have financial barriers. Staff photo byGreg Swiercz
SOUTH BEND — People in the South Bend area with bad credit or other barriers to transportation have a new resource to help them buy a vehicle.

On the Road (OTR) Lending, a nonprofit community development financial institution that began in 2013 in Texas, is expanding into Indiana to help people select vehicles, get coached through the financing process and ultimately get loans for dependable used cars.

The group's CEO and Founder, Michelle Corson, met with representatives from area agencies, lenders and others Monday in South Bend to spread the word about how OTR Lending can help people who have made past financial mistakes purchase a vehicle.

Corson said Indiana is the fifth state where the group is working, after Texas, Mississippi, Alabama and Georgia.

Often, people seeking to buy a vehicle can fall into situations where a sub-prime lending experience puts them in a bad credit situation, often with interest rates as high as 28% on vehicles that may have mechanical problems, she said.

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