Credit Builder Loans And Accounts
Today’s blog will give you a better idea as to what a credit builder loan is and how this account can help you build positive credit history.
A Credit Builder Account / Loan is a product that people usually seek out if they have no credit or bad credit and have now learned their lesson. Credit Matters! A typical credit building account is set up as a secured loan that is usually held in a secure CD or savings account with the bank. In most cases you don’t actually get a loan, but there are products our there that are willing to give you a partial loan so you can actually get some cash too. But the main goal is for you to make payments on this loan, on time, and then when the loan is paid off in full, you can then have access to that money later! Again, the main goal is to build positive credit history! But a credit builder loan has that nice bonus at the end, Cash!
To become a partner with CreditCardBroker.com and market our products CLICK HERE. or call 973-220-5801 or email partners@creditcardbroker.com
When comparing Credit building accounts be sure to look at various factors such as any application fees and other fees, terms and conditions, lengths of the loans, and more.
Most products will give you options as far as how long the program will work, usually between 6 months and a few years. Also be sure the program reports to all 3 credit bureaus so you can build credit on record.
It’s always good to be aware of the interested rates, because you are paying interest when you make payments, so be sure to shop around and find the best rate!
Application fees and other fees typical come with any type of credit building account, so be sure to be aware of all of those.
CreditCardBroker.com offers several credit builder accounts that you can choose from. You can either apply for one below OR if you interested in earning some extra income, you can join our affiliate program and start marketing these accounts to your clients or website visitors.
We offer brands such as Self, Credit Strong, Grow Credit, Kickoff, Seed, and Kovo. In the offer detail sections you will see features such as: no credit pull, no credit history required, no impact on your score, installment loan and credit line formats, subscription reporting features, and more. Please note that each offer has its own unique fees, details, and characteristics.
You can see all the details of all these offers below.
To become a partner with CreditCardBroker.com and market our products CLICK HERE. or call 973-220-5801 or email partners@creditcardbroker.com
If you are a customer and looking to apply for a credit builder account then see all our offers below:
