Credit Builder Loan
Build Your Credit AND Your Savings!Whether you’re starting out or starting over, MSCU’s Credit Builder Loan is a smart way to build your credit—and your savings.
Your path to better credit starts here!
Your path to better credit starts here!
1.
OPEN LOAN
Borrow up to $1,000 for up to 1 year at 7.99% APR*.
2.
BUILD CREDIT
Make timely payments while funds are locked in an interest-bearing account.
3.
UNLOCK SAVINGS
Upon final payment, funds are unlocked & may be used for any purpose.
APR = Annual Percentage Rate. All loans are subject to approval and available to eligible members. Terms, conditions, and restrictions may vary based on loan amount,creditworthiness, and other factors. Prepaid interest is collected at closing and refunded with loan proceeds. Funds may be used for any purpose.
Example: A $1,000 loan with a 7.99% APR for 12 months would have an estimated monthly payment of $87.00, with total interest paid of $43.91.Contact us for details. Federally insured by NCUA. Equal Housing Lender.