Share-Secured Loan
Building credit in today’s economy can be a challenge. If you’re looking to improve your credit score, our share-secured loan may be just the solution. Plus, you may be able to earn yourself a $500 Line of Credit.
- Any adult member in good standing with Arrowhead will be approved
- Gradually assists in improving your credit score
- You determine your limit
- Just deposit 110% of the credit line you want to establish into a special savings account
- Arrowhead will report your regular on-time payments to the credit bureaus
- After 12 months of on-time payments, we’ll convert your loan to a $500 Line of Credit
- Minimum loan amount $500
- Minimum loan payment $25
- Maximum term 60 months
- Interest rate is 5% or dividend rate + 3%, whichever is greater
After 12 months of on-time
payments, you can convert
your share-secured loan
into a $500 Line of Credit!
Get started today!
