creditloader.com
Credit Crunched? Take Control Now.
Creditloader was developed over a decade ago to help people establish or build credit, without going into debt.
Creditloader is a loan taken just for the purpose of holding the funds on deposit. This allows you to build your credit while you hold large deposits. Both of these things are helpful in obtaining financing from banks and lenders.
Creditloader is especially valuable for individuals with:
- No Credit History
- Restrictive Credit Limits
- Negative Credit History
- Previous Bankruptcy
- Divorce-affected Credit
- Non-US Citizenship
Creditloader advantages:
- Build a Credit History
- Establish a Deposit Record
- Develop Bank Relationships
Creditloader is simple.
1. Instantly Borrow the amount you are comfortable with:$5,000. $150. application fee, $47.46 monthly for up to 60 months, then return deposit. 11.99% APR [disclosures]
$7,500. $150. application fee, $72.44 monthly for up to 60 months, then return deposit. 11.99% APR [disclosures]
$10,000. $150. application fee, $97.42 monthly for up to 60 months, then return deposit. 11.99% APR [disclosures]
2. Deposit the borrowed money into your own, new, dedicated deposit account, opened instantly.
3. Make low monthly payments on your loan while your money sits on deposit.
4. Give back the deposit to pay off your loan any time after six months.When completed, you will have borrowed and repaid the loan. The original loan amount, monthly balance, payments and payoff date will be reported to credit reporting agencies. This helps establish your ability to finance cars, real estate, business expansion or other needs.
Strong credit can also land you lower mortgage rates, better auto insurance rates, more job offers, and respect from financial institutions.
While your loan is still outstanding, you will also be holding the borrowed money on deposit. This fact also helps when you apply for credit.
You may also pay down the principal balance of your loan with your own cash, and then move an equal amount from the deposit account to anywhere you like. This is valuable because funds which have been resting on deposit for a time are considered "seasoned funds", and are often required for real estate transactions and other business.
