Student Credit Builder Loan
Helping students establish credit at an early age
Ideal Student Credit Union offers a special loan for those looking to establish credit and build a solid financial foundation. A sound credit record can help in applying for jobs, house or apartment rentals, credit cards, auto and other loans, and much more later in life.
How the Credit Builder Loan works:
- Loan is granted up to $2,500 for up to 18 months. No credit check required.
- Funds from loan are then placed on a hold in your savings account.
- Monthly payments are made to loan to help build credit
- Once loan is paid in full, the funds on hold in your account are released and now are yours to use!