Skip nav to main content.

What is a Credit Builder Loan?

A Credit Builder Loan is a small, secured loan designed to help individuals establish or improve their credit score. The loan amount is typically placed in a secure account, and the borrower makes fixed monthly payments over a set term. The lender reports these payments to the credit bureaus, helping build a positive credit history.



View Related Articles

Graphic: How to avoid romance scams.

How to Avoid Romance Scams

As Valentine’s Day approaches, love is in the air—but so are romance scams. With the......Read More

woman purchasing vehicle at dealership credit union auto loan

A Guide to Affordable Car Loans

In most parts of the United States today, you can’t really get around without a......Read More

Graphic: 2025 Annual Membership Meeting

2025 Annual Membership Meeting

Join Us for PDCU’s 2025 Annual Membership Meeting! We’re thrilled to announce that our Annual......Read More

Graphic: Maximize Your Tax Savings This Year with Exclusive PDCU Member Discounts.

Maximize Your Tax Savings This Year with Exclusive PDCU Member Discounts

Tax season can be stressful, but it doesn’t have to break the bank. As a......Read More