Take Control of Your future
Looking to improve your credit score and access better loan rates? Service One's Credit Builder Loan can help! This unique product is designed to establish or re-establish your credit history while simultaneously building your savings.
Boost your Score
On-time payments help you build a positive credit history.
Save Money!
No need to tie up your own funds or property.
build credit
Regular payments establish healthy financial habits and responsible money management.
Additional Benefits & Details
With a simple 12-month term, you can borrow between $750 to $1,500 and make monthly on-time payments to help build your credit score.*
The Credit Builder Loan helps establish/reestablish credit to members and places the funds in a secure savings account. Funds are released to the member upon full loan payoff. Credit Builder Loans are available to anyone qualifying for membership.
Bankruptcy? One year after bankruptcy discharge, you are eligible for a credit builder loan.
Remember: Building good credit takes time and commitment.
Get the most of your membership with Exclusive Perks
Disclosure:
*Loan amounts range from $750 to $1,500. Example: Financing $1,500 at 12.00% Annual Percentage Rate (APR) APR for 12 months results in monthly payments of $133.30. On-time payments will be reported to credit bureaus, which may positively impact your credit score. Late payments, or other defaults on your Loan with Service One or other creditors may also be reported to the credit bureaus, which could negatively affect your credit score. Loan proceeds will be placed in a secure savings account in the member's name. Access to these funds will be restricted until the Loan is paid in full. Approval is subject to credit and eligibility criteria.