Credit Builder Loan
Give yourself some credit with a Wings Credit Builder Loan.
Apply in BranchApply by phone by calling 1 (888) 692-5626
A simple way to begin building credit history.
Ready to start building your credit, but not sure where to start? A Wings Credit Builder Loan can help you get a loan from $1,000–$3,000 with little or no credit history. Apply by phone or in branch. Here’s how it works:
Apply for a Credit
Builder Loan
Wings will add the loan amount to your account and place a hold on the funds for the term of your loan.
Make Monthly Payments
Your payment will be based on the amount borrowed and term length you select.
Keep Loan
Amount
Once you have paid off the loan, the hold will be removed and the amount borrowed is available. Plus, any dividends earned are yours as well.
Affordable Fixed
Rate
Credit Builder Loans offer a fixed rate, meaning your monthly payment won’t change during the life of your loan.
Multiple Term
Options
Choose a 12- or 24-month term. Access your funds faster with a 12-month loan, or make lower monthly payments with a 24-month loan.
Build Your Credit History
Payments will be reported to all three credit bureaus: Experian, Equifax and TransUnion. Since payment history is nearly half of your credit score, making regular, on-time loan payments may positively impact your score.*
*The Wings Credit Builder Loan does not guarantee credit score improvement. Many factors impact your credit score. Making on-time payments every month is the best way to build credit history with this product.
Credit Builder Loan Rates
| Credit Builder Loan | APR1 | Monthly Payment per $1,000 |
|---|---|---|
| 12 Month Term | 6.99% | $86.52 |
| 24 Month Term | 6.99% | $44.77 |
1APR = Annual Percentage Rate. Rates effective as of November 20, 2024 and subject to change without notice.
All loans subject to approval. Speak to a loan officer for details.
Membership with a $5 Share Account required.
Let us help you get the financing you need.
We make it easy to apply for a Credit Builder Loan. Apply today and a loan representative will work with you to finalize your loan.