Latino Community Credit Union offers a credit builder loan for people with no credit history (required).
A borrower can borrow a equal amount (with a fixed interest rate) that they have deposited in their Latino Community Credit Union savings account that will be used to guarantee the loan. This money can't be withdrawn while the loan is being repaid.
Every monthly payment will be report to the credit bureau (Equifax) to help build your credit history. After one year of successful on-time payments, the borrower will be eligible to apply for unsecured credit.
To apply for a loan under this program a applicant must be a member of Latino Credit Union, have a valid SSN or ITIN, and
have valid photo ID from any country.
100 W. Morgan Street, Durham, NC 27701
Telephone: (919) 530-8800
104 Highway 54, suite KK, Carrboro, NC 27510
Telephone: (919) 967-1725
1420 Hardimont Road, Raleigh, NC 27609
Telephone: (919) 855-9696
4418 Fayetteville Rd, Raleigh, NC 27603
Telephone: (919) 773-9180
3130 Milton Rd, Charlotte, NC 28215
Telephone: (704) 531-0201
5933 South Boulevard; Charlotte, NC 28212
Telephone: (704) 553-0386
1951 – D Dickerson Boulevard, Monroe, NC 28110
Telephone: (704) 226-1651
2410 Randleman Road, Greensboro, NC 27406
Telephone: (336) 370-9512
658 Waughtown Street, Winston Salem, NC 27107
Telephone: (336) 784-0261
155 Bonanza Drive Suite 103, Fayetteville, NC 28303
Telephone: (910) 323-4334