Build Your Credit with the NEW Loan To Save Loan!
Need a down payment for a vehicle or don’t have the savings to afford a vacation, or your credit score doesn’t qualify you for a loan?
The Loan To Save loan that is designed to help build your credit and save money at the same time.
How does it work?
The disbursed loan funds are placed in a frozen Loan To Save Savings Account and will be unavailable. Once half of the loan has been paid off, you are able to withdrawal the paid portion of the loan one time.
Who qualifies?
That’s the wonderful part, no credit score is required, even those with bad credit qualify. You must be 16 years old or older to apply.
What are the loan details?
• Loan term is 12-24 months
• Loan minimum is $500 and maximum is $2,000
• One loan per member at a time
• Interest Rate 5.00% Annual Percentage Rate