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Credit Builder

Build Credit & Savings - One Payment At A Time

Whether you're working to improve your credit or just getting started, we’re here to guide you toward a stronger score and a brighter financial path.

How a BFCU Credit Builder Loan Helps You Succeed?

Unlike traditional loans, you won’t receive the funds upfront. Instead, you’ll make monthly payments toward the approved loan amount, which is held in a secure account. Once your loan is paid in full, you’ll have access to the funds to kick-start your emergency savings or put toward another important savings goal.

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Save Money

We’ll place loan proceeds in an NCUA-insured Share Certificate until the loan amount is paid. This is a great way to help build an emergency fund, or save for another financial goal down the line.

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Build Credit

BFCU reports on-time payments to the three major consumer credit bureaus, Equifax, Experian and TransUnion.

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Simple Process

Enjoy a hassle-free experience with our easy online application and fast closing process.

Ready To Apply?

*Credit Builder Loan rate is CD rate plus 5%. Loan amounts $500. The proceeds of the loan will be the funds used to create a Share Certificate. The term of the loan is 12 months. Auto-pay required. Improvement in your credit score is dependent on your specific situation and financial behavior; results are not guaranteed.