We can help you get your credit rating going in the right direction if you’re just starting out, or if you're trying correct past bad credit decisions and are now wanting to boost your credit rating. Essentially, we make a relatively small loan to you and instead of providing you with cash or depositing the money into your checking account, we set the money aside in a Share Certificate instead.
You make monthly payments to RCFCU until the amount of the loan is paid. When it’s repaid in full, with payments made on time each month, you will have access to all the money in the Share Certificate account one month after the maturity date. It’s a great way to get started building or rebuilding your credit. Plus you will be saving and earning interest on the money in the share certificate at the same time. It's a win-win!
A Prestamo Paso a Paso Loan is a tool with a positive outcome. You build or establish your credit while saving for the future. You will also have the chance to increase your financial knowledge by taking a short online education course detailing the financial buying process.
To apply give our Loan Sales Team a call at 210-244-2505.