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Credit Builder Loans

Build or rebuild your credit while building up your personal savings.

At a Glance

A Credit Builder Loan is specifically designed to help you build or rebuild your credit history as you build up to $3,000 in savings plus dividends.

Benefits

Flexible terms - from 12 to 24 months.
Fixed loan rate - 5% Annual Percentage Rate (APR).
Earn dividends - funds in your DCU Savings account earn dividends at the published dividend rate.
Establish credit - as you repay on time, we report this information to the credit bureaus.
AS LOW AS
5.00% APR

MAXIMUM TERM

24 months

Credit Builder Loans

Build or rebuild your credit rating as you build savings. Borrow from $500 to $3,000 for 12 to 24 months.

Terms APR¹ EMP² Per $1,000
Up to 24 Months 5.00% $43.87 - (Maximum Loan Amount $3,000)
Rates are effective March 28, 2025

¹APR = Annual Percentage Rate. Rates listed are for this product only and are subject to change at any time.

²EMP = Estimated Monthly Payment

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*DCU is offering the option to take advantage of no payments for the first 60 days after the closing of the loan. Interest will begin accruing on the date the loan is funded. The first payment after the 60-day no payment period will first be applied to the interest accrued from the date the loan is funded to the first payment date and then applied to the principal due.