Need to build or rebuild your credit? Borrow More with a Credit Builder loan from Metro Plus Credit Union. Designed for members with little credit or those looking to improve their credit, our Credit Builder Loan is the perfect solution to get you back on the road to financial wellness.
This unique loan doesn't require you to place collateral on hold to secure the loan. Instead, the loan funds are placed on hold in your Savings account. As you pay down the loan balance, the funds will be released from hold. Each month, as the loan is paid on time, those payments are reported to the Credit Bureau, demonstrating positive payment history and helping to improve your credit score.