Fresh Start Loan
In a world where second chances are hard to come by, the Fresh Start Loan Program offers an inspiring solution. If you want to establish credit or repair poor credit, talk to an Inspire FCU representative about a Fresh Start Loan.
We offer low rates and affordable payment plans while you establish savings and rebuild your credit. Simply secure your amount, pay it back on time, and your positive payment history will be reported to the credit bureaus. You'll be back on track in no time! When you have repaid the loan in full, you will have access to the funds which have been on hold in your savings account.
Fresh Start Loan Options
|Loan Amount||Annual Percentage Rate (APR)||Term (months)||Payment Amount|
|$500||10% APR *||12||$43.97|
|$1000||10% APR *||12||$87.94|
|$2000||10% APR *||12||$175.87|
Features & Benefits
Build or repair credit
Access account details conveniently online to view balance and make payments
Establish credit while building your savings.
Positive payment history reported to credit bureaus
Establish savings while increasing positive credit history
Loan amounts up to $2,000
Please visit our rates page for full disclosure and account terms and conditions.
*APR = Annual Percentage Rate. This is a fixed rate loan and will not increase during the original terms of the loan. Since this loan is secured by the funds we place in an account on your behalf, your credit history is not considered in the approval process.