Credit Builder Loans Let us help you build or rebuild your credit history. Plant the seed and start growing your financial future today.

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Features

Have questions? Connect with a loan officer.

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To learn more and determine if you qualify for a Credit Builder Loan, talk to a Relationship Manager at your local Cadence branch today.

How does it work?

  1. Apply for a Credit Builder loan with a Cadence lender. Since Credit Builder is specifically designed to assist individuals wishing to build or repair credit and payment history, you don’t need a perfect credit score.
  2. The Cadence lender will then place the loan amount in an interest-earning Certificate of Deposit (CD) as collateral for the loan.
  3. Make on-time loan payments for a fixed-term which are reported to the credit bureau.
  4. After payments are complete, the loan amount plus any earned interest will be available for you.

Other product options to consider.

Budget Smart Checking

The smart way to start growing your financial future today.

Secured Credit Card

Our Secured Credit Card provides you the opportunity to help you build or rebuild your credit with no annual fee.

Mortgage Loans

We offer a variety of mortgage solutions to fit your budget, including up to 100% loan-to-value ratio.
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*The Cadence Bank Credit Builder Loan is subject to credit approval. Interest rates are subject to change without notice and are dependent on credit score. Certain conditions apply. This is not a commitment to lend or rate guarantee. The APR for the Credit Builder loan will be 2.00% over the CD APY, fully amortized within the 24 month term of the CD. An example of repayment terms is 24 monthly payments of $43.29 per $1000 borrowed, with an APR of 3.692%. This is for example purposes only. CD APYs change daily. Once the loan is paid on time and in full, the CD, plus any interest earned, will be paid to the borrower. Please contact your local Cadence banker for more details

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