refer a friend
You have friends. We have gift cards. Give the gift of membership.
Credit Builder Loan
Ready to make real progress? This loan gives you money to work with while giving your credit rating a nice lift.
Build or rebuild your credit history
Loan amounts up to $3,500
Affordable interest rate
The price is definitely right
The interest rate on a Credit Builder Loan is just 3.00% above the dividend rate for our Share Savings accounts*. That's quite a bit lower than borrowing costs on personal loans at other financial institutions.
We believe everyone deserves a fresh start
So who should apply for a Securityplus Federal Credit Union Credit Builder loan? Someone just starting on their financial journey or someone with past financial challenges. What makes this a good deal for some of our members? On-time loan payments are a big factor in building a better credit score. Here's how it works:
- You decide on the dollar amount you want to borrow, from $500 to $3,500
- You decide on the length of the payment period, from 6 to 36 months
- The loan funds are placed in your Share Savings Account*
- They stay on hold as you make all the monthly payments
- Once the full amount is repaid, the loan money is yours to use as you please
