Credit Building Loans, My Wrongs & Rights

Summary: <p>What is a credit-building loan?</p> <p>A <strong>credit</strong>-<strong>builder loan</strong> is a <strong>loan</strong> whose only purpose is to help you increase your <strong>credit</strong> score. <strong>Credit</strong>-<strong>builder loans</strong> function the complete opposite way of a regular <strong>loan</strong> – you pay money to the lender in installments (which go into a savings account), and then you receive the money at the end.</p> <p>Or </p> <p>You receive a personal loan at 1% or no interest rate in promise to pay the amount in 12 to 24 months while having the on-time payments reported to the 3 major credit burials. </p> <p><br></p> --- Send in a voice message: https://anchor.fm/ends-podcast/message Support this podcast: <a href="https://anchor.fm/ends-podcast/support" rel="payment">https://anchor.fm/ends-podcast/support</a>