Smart Start Loan
We're always looking for new ways to help our members. Our new Smart Start loan is designed to help you either establish credit or repair past credit history over the course of 12 months.
How it Works
- We'll open a no credit-qualifying loan for you of up to $1,000
- Maximum term of 12 months
- Interest rate of 15% APR*
- Each month, as you make your payments, a portion of the funds become available
- We report your payments each month to the credit bureaus, gradually helping you establish good credit (or helping to improve your credit score.)
- After 12 on-time payments, you'll have earned the limit on your loan
*APR=Annual Percentage Rate. Rate valid as of , subject to change without notice. Maximum loan of $1,000. Term is 12 months. Estimated monthly payment of approximately $90. Funds will be held until payments are made and pledge balance decreases.