Credit Builder Loans

Good credit. Now that’s something we’d all like to have. It can make a huge difference in monthly payments for things like cars, mortgages, or credit cards. But sometimes life happens and getting or keeping good credit becomes a major challenge.

We’re here to help you out with that. We understand that things may happen in life that can send us off course like a divorce, or an unexpected illness. Or maybe you’re new to the work force and would just like to get yourself started out on the right foot.

Our new Credit Builder Program can help set you up for success. Now it will take some work on your part, but we’ll be there to help you every step of the way.

3 Steps on the Road to Good Credit

  1. If you’ve been a member for at least 60 days, come in and talk with one of our lenders. We can review your situation and explain what you need to do to get started. Then we’ll set you up with a $500 personal loan with a 6 month ON TIME repayment schedule.
  2. If your first loan is repaid according to the terms above, you will qualify for a 2nd personal loan of up to $1000 with a 12 month ON TIME repayment schedule. NOTE: As an option, you may choose another $500 loan and a $500 VISA Credit Card.
  3. If the second loan is repaid according to terms, you should begin to see a positive effect on your credit score, which may qualify you for future loan considerations with us. And best of all, a higher credit score means a lower loan rate in the future.

Questions? Contact our Loan Dept. at 908-859-1811 x204.