build, rebuild or establish credit and save along the way!

Credit Builder Loans

Building your credit is important! Our Credit Builder Loan is designed to help members with no credit, little credit, or unfavorable credit. The loan is used to build or rebuild your credit score.

By improving your credit score, you are likely to get better rates on future loans, and save a lot of money in the process! Your successful payment history will then be reported to the credit bureaus, which can positively impact your credit score. Features of the Credit Builder Loan include:

  • Loan amount of $500–$3,000

  • Approved loan amount is placed in a Gold Coast savings account, not eligible for withdraw, where it will earn interest

  • Terms up to 24 months

Once the loan is repaid in full, funds can be withdrawn from the savings account as desired!

MINIMUM / MAXIMUM CREDIT

The minimum loan amount is $500.00, and the maximum loan amount is $3,000.00.

Maximum repayment terms:
$500.00 - $950.00 - 9 months
$951.00 - $1,500.00 - 12 months
$1,501.00 - $3,000.00 - 24 months
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