Bad Credit can happen to Good People

I speak to individuals almost every day about credit issues.  It may be a college graduate who has not yet established credit, or someone who became unemployed during the last few years and could not meet all of their obligations.  I recently spoke to an individual who was denied a home loan due to not having enough trade lines.   074-344
One thing that is very important to me as a mortgage banker and as a former teacher is to share relevant information on topics related to credit.  I want to help people achieve their financial goals.  Some can be achieved very quickly, but some require a plan of action.

Do you want to buy a home?  Or obtain other credit?  Perhaps you need insurance or are looking for new employment?credit builder

Today a credit score is typically needed for any of the above.  If you do not have a credit score, or if you need to raise your credit score due to credit problems in the past, consider Standard Bank’s Credit Builder Program.

The Credit Builder Program offers shorter term loans in amounts from $1,000 to $5,000.  The loan proceeds are deposited into a savings account in your name, that you will be able to access after making regular payments totaling the loan amount.  When your payments are completed, the savings account with interest earned is released to you.

We make it simple for you to establish a good payment history by making automatic payments from a Standard Bank checking account.  It is also easy to apply.  You only need to verify a source of income to make loan payments, such as your job, social security payments, pension, investment interest, etc.

Why Credit Builder?  This provides you with a positive bank loan reference to increase your credit score AND creates a savings account asset at the same time.  

We want to talk to you if you need to start a credit history or if you have had problems in the past.C4090-450
  There are many good reasons why good people may have bad credit, including life situations that forced late payments, legal judgments from lawsuits, illness and medical bills—just to name a few.  Standard Bank is part of your neighborhood, and we are committed to working together to build a financial plan to meet your goals.  A Credit Builder loan today can help you obtain a mortgage loan in the future, or open a small business, or acquire other investments.  To find out about more products and personal banking services click here!



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