You want to borrow funds to establish your credit history and don't have any funds to use as collateral.

What it offers:		If you don't have collateral, and you have no credit experience or have bad credit and want to start building your credit history, this loan will help you establish your credit record No waiting period or application approval process Low fixed interest rate The funds borrowed are deposited into a Credit Builder Statement Savings account, which are held as collateral for the loan  As the loan is paid back, you may withdraw excess funds and leave only the balance required as collateral for the unpaid balance All payment history is reported to credit bureaus, which will establish your credit history as you make payments Available to individuals who live in Massachusetts

Credit Builder Installment Collateral Loan effective thorough May 13, 2008
	Minimum Loan Amount - $1,000 Maximum Loan Amount - $3,000
	Interest Rate 3.00% above savings interest rate with a minimum 6.00% APR Term Minimum: 12 Months - 12 monthly payments at $86.07 per thousand. Maximum: 36 Months - 36 monthly payments at $30.42 per thousand.