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St. Mary's Bank Credit Builder Program

St. Mary's Bank created solutions to help two groups of members who face challenges when it comes to credit: those with no credit and those with bruised credit.

No Credit
For those with little or no credit, the St. Mary's Bank Credit Builder is a great way to establish a credit history and ease into the responsibilities of having a loan. Credit Builder loans are small, unsecured loans with low interest rates and manageable repayment periods.

The basics:
  • Unsecured loan
  • Maximum of $500
  • 7.99%* interest rate
  • Term is 12-24 months

Bruised Credit
Is bad credit keeping you from moving forward? Start building it back up with a St. Mary's Bank Credit Builder Plus loan. No matter what's happened to affect your credit, these loans are a great way to make a fresh start.

The basics:
  • Secured loan
  • Loan amounts of $500 to $5,000
  • 7.99% interest rate on loan
  • Term is 12-48 months
  • At the end of the term of the loan, the secured funds are available for your use

For both solutions, your payment history will be reported to the credit bureau to help build your credit. For more information on Credit Builder solutions, visit www.stmarysbank.com, call 888.786.2791 or visit any location.

Interest paid is rebated to member if loan is paid in full, on time and according to the terms of the loan.



This publication does not constitute legal, accounting or other professional advice. Although it is intended to be accurate, neither the publisher nor any other party assumes liability for loss or damage due to reliance on this material. Images may be from one or more of these sources: ©Thinkstock, ©iStock, ©Fotolia.
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