Published: 6 February 2024
Author: Noah Gomez
Finding the right credit builder loan takes time and effort, and sometimes local institutions offer better terms than national offers. In Texas, we looked at 80 banks, credit union, and online providers to find the most cost-effective and quality options in the market.
Avg. Principal: $500
Avg. APR: 13.25%
Avg. Length: 24 months
Coosa Pines's credit-builder loan covers 6 of Alabama's 67 counties, including it's largest (Jefferson). With accessible $500 principal over 24 months and only $26 monthly payment, this offer wins over Tyndall and other credit unions despite a higher 13.25% APR compared to the average 7.42%.
Borrowers outside Coosa's range should consider BankPlus as an alternative.
Avg. Principal: $750
Avg. APR: 5.07%
Avg. Length: 18 months
Avg. Principal: $500
Avg. APR: 13.25%
Avg. Length: 24 months
Avg. Principal: $1050
Avg. APR: 15.62%
Avg. Length: 36 months
Thick Credit is not a credit repair organization, a credit conseling agency, or a debtor education providor. It does not act on your behalf to communicate with credit reporting agencies or provide pre-bankruptcy credit counseling and pre-discharge debtor education for bankruptcy.
©2024 Thick Credit, All right reserved.