BUILD CREDIT WITH A SECURED LOAN WHILE SAVING MONEY
Open an Account in Minutes
When you open your Credit Strong account, our bank instantly gives you a loan and places the loan funds in a FDIC insured savings account in your name. The savings account funds are locked to secure the loan.
Make On-Time Payments
Make small monthly payments of principal and interest on your loan. The principal is a payment to yourself and is credited towards the lock on your savings – the interest is what we earn for providing the service.
Track Your Progress
We provide a free FICO® Score monthly so you can track your progress. 90% of top lenders use FICO Scores when making lending decisions.
Unlock Your Savings
When your loan is repaid in full, the lock is removed from your savings account. You’ve built both credit and savings.
Get Your Secured Loan Now!
Secured loans typically come with a lower interest rate than unsecured loans because the lender is taking on less financial risk.