Credit-building program that helps build credit and savings simultaneously with no credit check, no fees, and no gimmicks.
Credit Builder is a credit-building product serviced by Credit Karma Credit Builder (McBurberod Financial, Inc.) with banking services provided by Cross River Bank, Member FDIC. Members open a line of credit and a locked Credit Builder savings account, then make regular contributions as little as $10 per paycheck.
Payments are reported to all three major credit bureaus. Members with TransUnion scores of 619 or below saw an average increase of 17 points in three days. Savings unlock in $500 increments once the program is completed.
Capital One Financial
Capital One CreditWise
capitalone.com
Chime
Chime Credit Builder
chime.com
Self
Credit Builder Loans
self.inc
| Attribute | Credit Karma Money Credit Builder | Capital One CreditWise | Chime Credit Builder | Credit Builder Loans | |
|---|---|---|---|---|---|
| Provider | | | | | |
| Founded | 2007 | 1988 | 2012 | 2015 | |
| Sells To | B2C | Individuals | Consumers | Consumers | |
| Pricing Model | Affiliate | — | Recurring, Software, Transactional | Recurring | |
| Ownership | — | — | Public | Venture-backed |
Provider
Founded 2007
Sells To B2C
Pricing Model Affiliate
Ownership —
Provider
Founded 1988
Sells To Individuals
Pricing Model —
Ownership —
Provider
Founded 2012
Sells To Consumers
Pricing Model Recurring, Software, Transactional
Ownership Public
Provider
Founded 2015
Sells To Consumers
Pricing Model Recurring
Ownership Venture-backed
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Nova Credit helps immigrants translate international credit history for U.S. lenders.
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