The easiest way to start improving your credit is by making your payments on time. You can use the Credit Builder Loan to borrow against money you already have in savings, either a savings account or a CD, to start making monthly payments and building your credit back up.
Because the Credit Builder Loan is a type of personal loan, you can use it to purchase anything you need like a new appliance, lawn mower, or other household expense for example. Each on-time monthly payment benefits your credit.
It can take some time to build and/or repair credit so you’ll want to get started soon.
At Allegiance, we always stand by our fast, local decision making! Apply for a Credit Builder Loan today and we'll work quickly to get your loan reviewed and be in touch with you as soon as possible.
Don’t forget to check out our Resource Center for more information about loans and budgeting.