Credit Builder Loan

Get the funds you need, without the stress and hassle

Maybe you've gone through some financial difficulties. Maybe you don't have enough credit history. Whatever the reasons for your low credit score, most lenders don't care. They see the number and they either deny your loan or provide it at an astronomical rate. CommonWealth One does business differently. When you need to borrow money for unexpected expenses, our Credit Builder Loan is an affordable option.

• A low fixed rate
• Borrow up to $1,000
• Repayment terms up to 12 months
• No application fee

To qualify for this loan, you need to meet a few 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

CommonWealth One Federal Credit Union is a full-service credit union with branches in Virginia and Washington, D.C.