1.800.374.6123

Credit Builder Loan

Build your credit with
Peoples Bank!

Are you looking to establish or improve your credit score?* Peoples Bank’s Credit Builder Loan is designed to help improve your credit history while you strengthen your finances for the future.

The Credit Builder Loan is beneficial for:

• First-time borrowers
• Those with little to no credit history
• Anyone looking to improve their credit score*

Request more information

What is a Credit Builder Loan?

A Credit Builder Loan is a safe and effective way to build credit.* You borrow a small amount, which Peoples Bank then funds in a savings account in your name.

Make monthly payments to “repay” the loan.

Peoples Bank reports your payments to Credit Bureaus.

After the loan is paid in full, you receive the loan proceeds, plus the interest earned on the savings account.

Credit Builder Loan Benefits

Build or rehabilitate
your credit history*

Save money while
improving your credit score*

Low-risk way to demonstrate responsible borrowing

Regular reporting
to Credit Bureaus

Our Offer


Loan amounts from $1,000 to $2,500.


Your first monthly payment is due 30 to 45 days from the loan funding.


12 to 36 months loan repayment period.


Competitive loan interest rates and no loan origination fee.


Credit inquiry required.

*Peoples Bank’s 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.

Take the first step toward a brighter financial future.

Visit your local branch or call 800.374.6123 to learn more and apply today.

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