Strengthen Your Credit Score With Confidence
Establish or improve your credit with a loan designed for members who have little or less-than-perfect credit history.
Build or Boost Your Credit
Take a confident step toward a stronger financial future. This loan can help members establish or improve their credit with affordable monthly payments that grow your savings. When the loan is paid off, you get the funds along with a positive payment history to support your goals.
Loans in the amounts of $500 to $2,500 are available at 12.50% APR1
Flexible terms of 6 to 24 months with a low processing fee of $35
Attentive service from our experienced staff every step of the way
Prompt decision-making and processing based in South Jersey
Get Started Today!
Serving members across New Jersey, First Harvest Credit Union offers Credit Builder Loans designed to help you build or strengthen your credit with confidence.
Frequently Asked Questions
To qualify for a Credit Builder Loan you must:
- Be an active member
- Show proof of income (to establish ability to pay) — pay stub within 30 days (for students not currently employed, will accept a co-signer with completed application and proof of income)
- Complete an application (with references) 2
The money you borrow is secured in your savings account for the term of the loan, and dividends are paid on the money while you make payments and establish your credit. Once you have successfully paid the loan in full, the money becomes available in your account.
Maintaining scheduled payments for a minimum of six months will allow the payment history to be reflected on your credit report, and may help you improve your score.
A credit score is a number that reflects how you manage credit, based on your credit history. Lenders use credit scores to help evaluate loan applications and determine available terms. In general, higher scores may offer access to more options, while lower scores may limit choices. Checking your credit score regularly can help you understand where you stand and plan next steps.
More Solutions
A First Step Checking Account is an easy way to manage everyday spending with simple access to your money, convenient digital tools, and local support.
Learn MoreBank from anywhere. With our mobile app and online banking, you can check balances, transfer funds, pay bills, and deposit checks — anytime, anywhere.
Learn MoreNeed a loan with added flexibility? A secured loan lets you use savings or a certificate as collateral while you borrow and keep building credit.
Learn More
First Step Checking
A First Step Checking Account is an easy way to manage everyday spending with simple access to your money, convenient digital tools, and local support.
Learn MoreDigital Banking
Bank from anywhere. With our mobile app and online banking, you can check balances, transfer funds, pay bills, and deposit checks — anytime, anywhere.
Learn MoreSecured Loans
Need a loan with added flexibility? A secured loan lets you use savings or a certificate as collateral while you borrow and keep building credit.
Learn MoreTips for Harvesting Your Borrowing Potential
1. All rates are subject to change.
2. Form must be signed to be accepted. The credit union reserves the right to determine if prior or subsequent action may disqualify you from this program.
