No. The credit builder loan is there to help you report payment activity to the credit bureaus, NOT to give you access to the funds.
Unlike traditional personal loans, you do NOT have access to the money from the Credit Builder loan. The main purpose of the Credit Builder loan is to help you establish positive payment history with the credit bureaus as long as you are able to set aside savings each month. Each month you save, Brigit treats it as a payment to the credit bureaus on the reported loan.
If you need access to money immediately, consider using Brigit Instant Cash instead.
Comments
0 comments
Article is closed for comments.