Personal Loans
Loans
Access to safe, affordable credit can be an important step toward financial stability. Through the IRC’s Center for Economic Opportunity (CEO), eligible participants may access personal loan options designed to support financial goals while building or strengthening credit.
CEO is a national nonprofit lender and U.S. Treasury‑certified Community Development Financial Institution (CDFI) that offers alternatives to high‑cost or predatory lending.
About CEO Personal Loans
Personal loans offered through CEO are designed to help individuals:
Meet important life needs
Build or improve credit
Avoid high‑interest or unsafe loan options
Loans are paired with financial coaching and education to support long‑term success. While IRC staff assist with preparation and referrals, all loan decisions are made by CEO, not the IRC.
Who Can Apply?
Personal loans are available to individuals working with the IRC’s Financial Capability Program.
Eligibility depends on:
Program participation
Income and financial readiness
CEO lending requirements
Some loan products may have specific eligibility criteria based on funding sources. Participation in financial education or credit coaching may be required.
Being eligible to apply does not guarantee loan approval. CEO independently evaluates all loan applications.
Types of Personal Loans Available
Loan options may include, but are not limited to:
Credit Building Ladder - 0% interest loan. One of our most popular products!
Many loan products can be structured as fee‑based (zero‑interest) loans, providing an option for individuals who prefer not to use interest‑bearing loans. This option is often selected for religious, cultural, or personal reasons.
Loan availability and terms may change. Please speak with a Financial Coach for the most current information.
For information on microenterprise loans, please visit the Business Loans page.
How Personal Loans Fit Into Financial Coaching
Personal loans are one tool within a broader financial capability approach. Financial Coaches help clients:
Understand loan readiness
Review credit reports and scores
Compare alternatives
Decide whether a loan supports their financial goals
Not every client needs a loan — and not every financial goal requires borrowing. Coaches help clients make informed choices.
How to Get Started
If you are interested in learning more about personal loan options, begin by scheduling a financial coaching appointment.
CA FINANCE LENDER’S LICENSE #60DBO54868
LOANS MADE OR ARRANGED PURSUANT TO CALIFORNIA FINANCE LAW LICENSE
FOR INFORMATION CONTACT THE DEPARTMENT OF BUSINESS OVERSIGHT, STATE OF CALIFORNIA
www.irc-ceo.org