Credit Builder Loans

Building your credit is important. If you ever plan on applying for a car loan or credit card, you'll need to prove you are responsible when it comes to paying off your debt. That's where your credit score comes in. The higher your credit score, the more opportunities you'll have to get a loan at a low rate.

Whether you're wondering how to establish credit or you'd like to improve your existing score, contact RBFCU today to learn about our loans to establish credit. With the RBFCU Credit Builder Loan, the money you borrow is secured in your Savings account for the term of the loan and dividends are paid on the money while you make payments and establish your credit. Once you have successfully paid the loan in full, the money becomes available in your account. Maintaining scheduled payments for a minimum of six months will allow the payment history to be reflected on your credit report and may help you improve your score.

Higher credit scores combined with high-value, low-rate products and services from RBFCU can lead to lower rates and personal savings for you and your family.

For information on how to improve your credit contact us at

Obtain a free copy of your credit report by visiting

The granting of a Credit Builder Loan does not guarantee future loans. Subject to credit approval. Your specific rate and term will be dependent upon your credit rating and other factors. Rates and terms subject to change without notice. Some restrictions may apply.