Credit Builder Loan
It's time to raise your score.
We provide debt protection for unexpected costs or accidents.
Get the money you need without paying a high price
If you have a low credit score, your borrowing options are limited. Payday loans come with sky-high interest rates. Maxing out a credit card isn't a great move. Discover a better alternative at CommonWealth One.
Borrow up to $1,000 for any purpose
Take up to 12 months to repay
No application fee
These loans can help you turn things around
Financial difficulties can happen to anyone. They often cause your credit rating to take a major hit, making it difficult to qualify for loans, rental housing, insurance and even some jobs. By making consistent on-time loan payments, there's a good chance you'll raise your credit score and leave your finances in a better position.
Loan Requirements
- Must be a member in good standing
- Must have a regular direct deposit of $500 or more to your CommonWealth One account for the past 90 days
- Only one Credit Builder Loan is permitted at a time
Start your path to long-term security with an account that makes it easy to grow your money.
What's Your Journey?
The customer service at CommonWealth One has been exceptional, assisting me with my first car loan. I’ve had a positive experience with both my car and personal loans, enjoying quick service and competitive rates. I feel valued rather than just a customer.
Member since 2021
CommonWealth One Federal Credit Union is a full-service financial institution with branches in Northern Virginia, Maryland and Washington D.C.