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Whether you want to establish credit or repair your current credit, FLHC FCU’s Credit Builder loan is for you.
The Credit Union will deposit $1,000 into a secondary savings account under your main account. Over the next twelve months, you’ll make monthly (or biweekly) payments back to the Credit Union. At the end of the 12 months, you will have full access to the $1,000.00!
It’s a win-win for you! You’ll show a year of payment history and have $1,000 to spend (or save) at the end!