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Credit Builder Loans

Need to build or rebuild your credit?

We've got you covered with our Credit Builder Loan.

Designed for members with little credit or those looking to improve their credit, our Credit Builder Loan is the perfect solution to get you back on the road to financial wellness. 

Here's how it works*:

  • Borrow: from $1,000 to $1,500 – terms up to 12 months
  • Build: Loan funds are deposited into your Share Account and placed under a hold – allowing you to build your savings and your credit at the same time
  • Pay: Make regular monthly payments until your loan is paid off – NO early payoff penalties
  • Repeat: Should you need to, simply wait 3 months from your payoff date to apply for a new Credit Builder Loan

Let us help you build or rebuild your credit today!

Apply Now  View Rates

*Loan amounts from $1,000-$1,500. Loan disbursement is deposited into member’s share account and a hold is placed on those funds. Members will make regular monthly payments to the loan at an interest rate that is the same as the personal loan rate for B-tier rated credit borrowers for a term of twelve (12) months. Members are only allowed one (1) Credit Builder Loan at a time. If the loan is paid off prior to the term, member must wait at least three (3) months from the payoff date before applying for a new Credit Builder Loan. If the loan is over 30 days delinquent, the funds will be transferred from the member’s share account to pay the loan in full.