What is a Credit Builder Loan?
Credit Builder Loans are a cross between a savings program and a loan. This will help you save money while also building up your credit. Every time you make a payment it is reported to the credit bureaus, which will improve your credit score.
How much “work” is required with the Credit Builder Loan?
You already have enough going on so the Credit Builder Loan is designed to be simple, just set it and forget it. Funds are automatically pulled from your account on a bi-weekly or monthly schedule based on what’s affordable for you for hassle-free credit building. It’s one of the best ways to build credit.
Can I access the savings in my Credit Builder Loan?
You are able to access the savings in your Credit Builder Loan whenever you like. You have the ability to withdraw the savings without pausing or canceling the credit building program.