We get it. Life happens.
And sometimes that means that your credit score might need a little help. At Magnolia Federal Credit Union, we want to help you rebuild your credit. With the Credit Builder loan, the money you borrow from Magnolia Federal is put into a regular share savings account and held as collateral. The loan is repaid monthly at a low interest rate. By making regular loan payments on time, you will have established credit and potentially improved your credit score.