TransformCredit : How does Transform Credit Builder work?

How does Transform Credit Builder work?

CreditBuilder is a fantastic stepping stone towards seeing the benefits of an improving credit score, without the responsibility of taking on a big financial commitment.

Here's how it works:

  1. When you sign up for CreditBuilder, you take the first step in building your score over 24 months.
  2. Each month you pay $5, which we report to the Credit Bureaus as interest against a loan which is held on your behalf.
  3. These successful payments build up your credit history, helping to improve your score.

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