Fresh Start Saver Credit Builder Loans

Apply Today!Become a Member

Need to re-build your credit history? Need to build a credit history? We can help.

Our Fresh Start Saver Loan program is a credit builder loan designed to help you accomplish two very important goals:

1. Repair or establish a good credit rating
2. Save money

Here are the details of our loan program:

• Select the amount you wish to save 
• We put that same amount of funds on hold in a special savings account - 100% of the amount will remain on hold the entire time the loan is in repayment
• Make your payments on time
• Your positive payment history is reported to the credit bureaus

The Fresh Start Saver is a smart builder loan designed to help you take control of your financial future by improving your credit score while building savings at the same time. Unlike traditional loans, this personal loan to build credit reports your payments to the credit bureaus, helping establish positive credit on your credit reports with regular on time payments. Because credit builder loans work differently, they’re often easier to qualify for, making it easier to get a credit builder loan even if you're just starting out. With a focus on both credit and savings, the Fresh Start Saver gives you a practical path toward stronger financial health.

Only when you have repaid the loan in full will you have access to the funds that have been on hold in the special savings account. 

Since this loan is secured by the funds we place in an account on your behalf, your credit history is not considered in the approval process. 

Should you decide to cancel the loan or if you do become delinquent, we will close the loan and return the payments you made back to you, minus the interest accrued. This will be done the day before the loan is considered 30 days delinquent, so no negative payment history will be reported.

Apply Today!Become a Member

Or call us at 901-380-7400 or stop by any one of our banking centers.

*APRs and rates are subject to change or withdrawal without notice, please see us for complete details. A loan with an interest rate of 10.00% and a term of 12 months will have a payment of $87.93 per $1,000 borrowed.