Credit Builder Loans
Key Features
- Gives you a chance to get a loan
- Earn interest on money that is on hold
- Encourages saving
- Helps members with poor credit to improve credit
Key Benefits
- Helps rebuild/establish credit
- Builds trust & honesty with Telco
- 4 Steps to credit builder
Requirements
- Telco member
- Permanent Job - not temporary
- Work 25 hours per week
- Must have established Share Draft checking with Telco for 3 months minimum
| New Auto* | 4.00% - 11.50% |
| Used Auto* | 5.00% - 11.50% |
| Signature* | 10.75% - 16.00% |
| Visa Card | 11.99% |
| Stock | 6.50% |
| Insurance | 9.00% |
| ODLOP | 16.00% |
| Credit Builder | 16.00% |
| New RV | 4.95% - 8.00% |
| Used RV | 5.50% - 9.00% |
| New Boat/JetSki | 4.95% - 8.00% |
| Used Boat/JetSki | 6.50% - 8.50% |
| New Motorcycle | 6.70% - 7.10% |
| Used Motorcycle | 8.60% - 8.80% |
| New ATV | 4.95% - 5.50% |
| Used ATV | 5.50% |
