Credit Starter/Credit Builder

Are you looking to start or build your credit? Perhaps you have had some bumps along the way and you need to rebuild your credit. We have loans that can help our members that are in either of these situations.

Our Credit Starter Loan would help the member that has never applied for credit and has no credit score or credit history. The credit starter loan:

  • Is an unsecured loan.
  • Has a fixed rate of 14.99% APR*.
  • Loan amounts range from $500.00-$1,000.00. Payments range from $25.00 to $50.00.
  • Requires that the applicant is employed and can provide proof of income.

Our Credit Builder Loan is a good fit for those members that want to build credit or re-build a damaged credit history but are not in need of the money right away. The funds from the loan are deposited into the member’s share (savings) account and pledged as collateral for the loan. As payments are made, money becomes available in savings for the member to use as they wish. The Credit Builder loan:

  • Is a secured loan.
  • Has a fixed rate of 6.0% APR*
  • Loan amounts range from $500.00-$1,000.00. Payments range from $25.00 to $50.00.
  • No credit report or proof of income is required.

Come in today to talk to a loan officer or simply apply online!

**Terms and conditions may apply. Application process may be delayed or refused if application information is not received in a timely manner. Underwriting criteria are subject to change without notice