Credit Builder

A Credit Builder Loan is a great way to help establish or enhance a credit history and ease into the responsibilities of having a loan. Credit Builder loans are small, unsecured loans with reasonable interest rates and manageable repayment periods.


  • No waiting period or application approval process
  • Low fixed interest rate
  • The funds borrowed are deposited into a Credit Builder Certificate of Deposit account, which are held as collateral for the loan
  • 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

Loan Amount:   $1,000 or $2,000
Annual Percentage Rate (APR):   6.00%
Terms:   12 or 24 months
Loan proceeds are deposited to Credit Builder Certificate of Deposit Account.
Payment Example: Monthly principal and interest per $1,000 borrowed is $86.08

Learn More

Call 800-657-3272 or visit your nearest branch.