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Credit Builder Loans

How to Build Credit

A Credit Builder Loan is designed to help you build credit. Whether you’re just starting out or already have credit and need to repair some mistakes – let AurGroup help you.

This unique loan helps establish good credit and helps build a little savings, too.

How does it work?

AurGroup gives you a one year loan for $500 and puts the money in a savings account that you can’t touch. You make timely loan payments, plus a small amount of interest, and each month we’ll report your good payment record to the credit bureaus. In one year, you will have established good credit history AND have saved $500! Next, you could take that $500 OR you could do the loan again. Meaning, you get another $500 loan, just as before, but soon you’ll have 2 years of good credit history AND $1,000 saved! A nice down payment on a car, perhaps?

To apply for a Credit Builder Loan, just give us a call at (513) 942-4422 or stop in one of our offices.

Terms and Conditions

Offer subject to change without notice. Must be 18 years or older.  Based on rate of 5.02% APR, total interest paid would be $13.70 with one year term. Savings account earns current rate of interest. If loan payments default, member receives only what has been paid, less interest.  AurGroup reports to TransUnion.

By members choice, all accounts are insured up to $250,000 by ASI (American Share Insurance) a private member owned insurer. This institution is not federally insured. Members accounts are not insured or guaranteed by any government agency or government sponsored agency.