BUILD OR REBUILD YOUR CREDIT WITH OUR CREDIT BUILDER LOAN

Everyone knows that building your credit is important and if you ever plan to apply for a credit card or auto loan, you’ll need to prove you are credit-worthy when it comes to paying off your debt. Your credit score says a lot about your ability to repay a loan and the higher your credit score, the easier it is to get a loan at a lower rate.

If you are wondering how to establish credit or you would like to improve your credit score, contact a Member Services Representative today to learn more about our Credit Builder Loan. With this type of loan, the money you borrow is secured in a PFCU Savings Account for the term of the loan and dividends are paid on the money while you make timely payments and establish your credit.

Once you have successfully paid the loan in full, the money becomes available in your account. If you maintain the scheduled payments for a minimum of six months, your positive payment history will be reported to the three major credit bureaus. This may help to improve your score.

A PFCU Credit Builder Loan Offers:

  • Loans between $250 - $1000
  • Terms from 12 – 18 months
  • Low monthly or bi-weekly installment payments
  • Competitive low rates (3.50% APR* above our savings rates)

If you are interested in a PFCU Credit Builder Loan, call a Member Services Representative at 215-934-3500 or 800-832-PFCU (outside the metropolitan area) or visit a branch today!

*APR = Annual Percentage Rate. For each $250 borrowed at 3.75% APR over a term of 12 months, pay approximately $21.26 a month. Rate current as of 12/22/14. This is the credit union’s best rate. The available rates and terms are subject to change without notice. Offer of credit is subject to credit approval. Results not guaranteed. Improvement in credit score dependent upon your specific situation and financial behavior. Failure to make monthly minimum payments by the payment due date each month will result in negative reporting to your credit report, which will not improve your credit history. This project will not repair your credit, and negative credit history will not be removed from your credit report as a result of this program.

Apply Today

PFCU Checking accounts are available to all PFCU members 13 years or older who meet our account verification requirements.


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