What Is a Credit Builder Loan?

A credit builder loan is a financial product that can help consumers establish a positive credit history. Unlike a traditional loan, borrowers will receive a

bad credit interest rate
Key Takeaways Interest rates for bad credit are significantly higher across all loan types—auto loan APRs can exceed 16%, personal loans can reach 28% or more,…
can payday loans take you to court
Key Takeaways Yes, payday lenders can take you to court if you fail to repay your loan, and a court judgment may lead to wage garnishment,…
Credit Card for the Unemployed
Key Takeaways Credit card options for the unemployed include secured cards, student cards, business cards for the self-employed, and cards with low limits—approval depends on income…
My Car Was Repossessed
Key Takeaways Financial assistance for car repossession is available through repayment plans with your lender, financial aid from charities or non-profits, personal loans, or loans from…
missed payment for car repo
Key Takeaways Repossession generally occurs after two or three missed payments. Some lenders may initiate repossession after a single missed payment if outlined in the loan…
how many loans can you take out?
Key Takeaways You can have multiple personal loans at once, but the number depends on the lender’s policies and your financial health—including credit score, income, and…

Quick And Easy Personal Loans Up To $2500*