Best Credit Builder Loans in Nebraska
Published: 7 July 2024
Author: Noah Gomez
Finding the right credit builder loan is not easy. In addition to interest, term length, and principal, you must consider bureau reporting and lender reliability.
In Nebraska, we looked at over 10 banks, credit unions, and digital lenders.
Best Overall
Nebraska Energy Federal Credit Union
Avg. Principal: [100% of Your Savings + $500] / 2
Avg. APR: 1%
Avg. Length: 12 months
Quite simply, Nebraska Energy's credit builder has an extremely low APR, just 1%. The term is a healthy 12 months on $500 in principal. This is one of the most competitive offers in the country, surpassed only by wealthy credit unions in California and Maine.
Best from Bank (Physical)
BMO Bank
Avg. Principal: $1000
Avg. APR: 12.24%
Avg. Length: 42 months
Best from Credit Union
Nebraska Energy Federal Credit Union
Avg. Principal: [100% of Your Savings + $500] / 2
Avg. APR: 1%
Avg. Length: 12 months
Best from Digital Lender
MoneyLion
Avg. Principal: $1000
Avg. APR: 17.99%
Avg. Length: 12 months
Best Nebraska-Only Credit Builder Loans
Best Multi-State Credit Builder Loans Available in Nebraska
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.
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