The Workers Credit Builder Loan helps members build or improve credit safely and affordably—while growing savings. It’s ideal for those new to credit, rebuilding after credit challenges, or seeking a way to show consistent payments. Select "Credit Builder Loan" when applying.
How it works
Loan proceeds go into your Workers savings account with a hold. As you make monthly payments, the principal amount is released and becomes available to you. Payments are reported to the credit bureaus each month.
| Loan Amount | Term | APR* | Payment per $1,000 | Based On |
|---|---|---|---|---|
$1,000 - $3,000 |
up to 24 Months |
5.00% | $43.87 |
24 months |