Have no credit or poor credit history?
If you’ve had trouble getting a loan because you don’t have credit or your credit score has been tarnished, we can help you take a step in the right direction.
- Receive an advance of $300-$500 that’s held as security for the revolving line of credit
- As you establish good payment history, funds become available for withdrawal
- Fixed rate of 15%APR
- $25 account opening fee
- $5 deposit into a savings account required (if you don’t already have an account with us)
- No annual fee
- Good loan payment history may help you qualify for traditional loan products in the future
Speak with any branch representative to get started with a line of credit today!
APR = Annual Percentage Rate. Monthly payment is calculated at 5% of balance/limit. Subject to underwriting guidelines. In addition to the line of credit, member must also have a Financial Center savings account. Maximum debt ratio is 50%. Member must not have any unpaid charge off history with Financial Center First Credit Union.