Credit Builder Loans

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

Contact us to learn more

Features

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Fixed Term

Build your savings and credit at the same time.
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Pay Monthly

Build a positive payment history by paying on time each month.
fixed interest

Fixed Rate of Interest

Simple payment terms with a fixed interest rate.*

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 Banker 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.

Additional products to help strengthen your financial foundation

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Budget Smart Checking

With simple banking solutions and overdraft avoidance, Budget Smart is an account that makes it easy to learn good money habits from the start.
key in house

Right@Home Loans

Our Right@Home fixed rate loan programs have flexible requirements to help you achieve and sustain affordable homeownership.
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Secured Mastercard®

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

Other financing options to consider

Personal Loans

One of our consumer loan options can help you pay for the things you need a little extra help with.

Home Equity Line of Credit

Unlock the value of your home to consolidate debt, make home improvements or even take a vacation.

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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Learn

Find answers, watch videos and plan

ahead with online tools. Plus, education

services offered through HOPE.

Visit

Stop by your nearest Cadence branch to

open an account and more.

Get help

Connect with one of our teammates for one-on-one assistance.

*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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