A credit-builder loan is designed to help you who have little or no credit history build credit.
- Improves Credit
- Lump Sum Payment
- Online Account Management
ACU offers a great loan program for those interested in building or re-building their credit. Here’s how it works — we hold the loan amount in a savings account while the member makes payments on the loan. After the loan has been paid off, ACU provides the member with a lump sum payment. This is helpful for those who need to get their credit score up for a future loan application (such as a mortgage) or for those who just want to build a better credit history.
- Helps to boost credit score with each payment
- Member receives lump-sum payment at the end of the term
- Online payment & account management