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The Ultimate Guide to Credit-Builder Loans in 2024!A Credit Builder Loan is specifically designed to help you build or rebuild your credit history as you build up to $3, in savings plus dividends. A credit-builder loan is a type of installment loan and, in most cases, lenders report payments made on the loan to the credit bureaus. Credit-builder loans can help people with little or no credit history build credit through a record of on-time payments.
