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Build Your Credit with a Credit Builder Loan

Learn How Credit Builder Loans Can Work For You

No collateral or money up front required. No credit check needed.

Get Started

Build credit and savings at the same time.

Keep the principal paid at the end of the loan. Keep in mind that you do not get money upfront with this loan.

No credit check required.

It doesn’t matter if you have no credit or bad credit.

No collateral needed.

You don’t need to have any money up front to secure your loan. All that is required is your monthly on time payment.

What is a Credit Builder Loan?

A Credit Builder Loan is a financial product designed to help individuals establish or improve their credit history. It is particularly beneficial for those who have limited or poor credit or no credit history at all. The primary goal of a Credit Builder Loan is to provide a structured way for individuals to demonstrate their creditworthiness and build a positive credit profile.

How a credit builder loan works


Select your amount (view options below)

Choose the loan option with the monthly payment that best fits your budget.


Make on-time payments

Your payments get reported to the credit bureaus, which may help improve your credit.*


Unlock your savings

Once your loan is paid off, access the principal paid on the loan. This loan also acts as a forced savings.

Credit Builder Loans with Zing

Top 3 Reasons You Should Apply for a Credit Builder Loan

Establish Credit History

For individuals with no or limited credit history, a Credit Builder Loan provides a structured way to start building a positive credit profile. Establishing a credit history is crucial for various financial activities, such as applying for credit cards, renting an apartment, or securing better terms on future loans.

Improving Credit Score*

Individuals with a less-than-ideal credit score can use a Credit Builder Loan to demonstrate responsible financial behavior. Making timely payments on the loan can contribute positively to their credit score over time, helping to improve overall creditworthiness.

Access to Better Financing Options

A stronger credit profile opens doors to more favorable financing options in the future. Whether it’s applying for a mortgage, auto loan, or credit card, individuals with a positive credit history are likely to qualify for lower interest rates and better terms, potentially saving them money over time.

Credit Builder Loans

Option #1Option #2
Monthly PaymentUnder $25/monthUnder $50/month
Term24 Months24 Months
Interest Rate24 month CD rate + 10%24 month CD rate + 10%
Application fee$25$25
End of Loan SavingsApproximately $500**Approximately $1,000**

Financial Education

Want to dive deeper into building or rebuilding credit, but don't know where to start? Check out our upcoming webinars, recordings, and finance calculators for continuing support. Need any extra push in the right direction? Sit down with a financial coach to discuss your finance goals.

Build Your Credit with a Credit Builder Loan Disclosures

*Use of this loan does not guarantee a positive impact on your credit.

**The end of loan savings amount is dependent upon your interest rate and loan payment.