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Build Better Credit While Saving Money

by | Feb 25, 2021 | News

Did you know – A Credit (re)Builder Loan can help you establish better credit history, while also growing your savings.

Here are a few differences between a Traditional Loan and a Credit (re)Builder Loan:

Traditional Loan

  • Established credit history is required to qualify
  • Interest rates can be high without good credit
  • When your loan funds, the money is given to you
  • You make payments until the loan is paid off

Credit (re)Builder Loan

  • You do not need credit history to qualify
  • Interest rates are low
  • When your loan funds, the money is placed on hold and held as collateral in a Membership Savings Account
  • You make monthly payments until the loan is paid off and then you have access to the money

Apply online to see if a Credit (re)Builder Loan may work for you.

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