A Communicating Arts Credit Builder Loan can provide you with the opportunity to build or rebuild your credit history, and establish a habit of setting aside something every month or every paycheck.

With a Credit Builder Loan, the amount you borrow is deposited into your Communicating Arts' savings account. You make regular payments on the loan, establishing a positive payment history we report to the credit bureau. As a result, your credit score improves. A higher credit score translates into better rates on future loans and can have a positive impact on the cost of other services including insurance.

Credit Builder loans are offered at a low interest rate. Since the loan amount is deposited into savings, you earn interest on the amount borrowed, further reducing the cost of the loan.

When the loan is paid in full, you can withdraw the funds from savings and put it to a variety of uses - the down payment for a major purchase that can now be financed at a better rate; or an emergency fund for unexpected expenses; maybe you use it to pay off other debt, freeing up income and further improving your credit score.

Contact us to get you started with a Credit Builder Loan.