Credit Builder/Savings Builder Loan

Build or rebuild your credit score!

Introducing Guardians CU's Credit Builder/Savings Builder Loan!

Building your credit is important. Our Credit Builder/Savings 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 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/Savings Builder:

  • Members request a loan amount of $500–$10,000
  • Affordable APR1 of 4.00% above the current share savings rate
  • The approved loan amount is placed in a Guardians CU savings account, not eligible for withdraw, where it will earn interest
  • Terms up to 60 months
  • Once the loan is repaid in full, funds can be withdrawn from the savings account as desired!

Apply now, call us or stop by any Guardians CU branch location!