Loans to Establish Credit
At Citizens, we’re committed to helping people with their credit. Come and talk to us, we’ll listen and do our best to arrange a loan to help you build or rebuild your credit!
We’ve been helping folks with credit concerns for over 100 years and we’re not going anywhere! If you are ready to start re-establishing your credit or just looking to start establishing credit, get started by applying online today or visit one of our convenient locations in Tennessee and North Georgia.
We look forward to helping your get the money you need!
How do you build credit with a loan?
Credit Loans
Credit loans are a great way to begin your credit-building journey.
With a credit loan, your money will be released to you over time as you make payments. These payments are reported to all of the major credit bureaus, establishing a payment history – which makes up 35% of your credit score.
When you take out a credit-builder loan, Citizens Savings & Loan works with you to ensure that your payments will be manageable and on time, improving or generating a positive credit score.
Should I get a loan to establish credit?
If you are starting with a clean financial slate, credit loans are an effective way to establish a positive credit score.
If you want to build your credit from scratch and can afford the monthly payments, taking out a credit loan is likely a great decision for you. If you’re unsure, reach out to our experts for advice by contacting us today or visiting one of our convenient locations.
Loans to Rebuild Your Credit
Bill Consolidation Loans
If you already have debt, there are other loan options that can help you rebuild your credit.
At Citizens Savings & Loan, we offer several options to help improve your credit score including bill consolidation loans. These loans allow you to combine all of your debts into a single loan with a lower monthly payment.
Start Your Credit Journey at Citizens
If you’d like to find out more about how a credit loan can help you build history and establish a good credit score, contact Citizens Savings & Loan today. You can also schedule an appointment to speak with a representative at one of our local offices or fill out our online application to begin the credit building process today!