Borrow and Save

Borrow and $ave is a safe, convenient small-dollar loan that also adds to your savings.

If you need to borrow up to $1625, want more in your savings or need to avoid or payoff a “high cost” loan, ask us how this product can help you.

Borrow and $ave formerly our tracker loan provides some of the same advantages: increased savings, improved plus credit scores with timely payments, breaking a cycle of high cost debt, paying off collections and addressing other barriers to becoming more financially stable and also giving you money now.

Consider this loan if you:

• Need a small loan for an immediate need (appliances, home repair, computers, auto repairs, emergencies, security deposits, and education)
• Want to pay off or avoid a high-cost loan
• Have a “low credit score” or no score or credit history
• Are ready to become a better saver

 

There are 4 options:

Option 1 is a $500 loan • Up to 12 month term • $325 of the proceeds may be available at the loan closing • $175 of the loan proceeds will be deposited into a Borrow and $ave Account	Option 2 is a $1000 loan • Up to 12 month term • $650 of the proceeds may be available at the loan closing • $350 of the loan proceeds will be deposited into a Borrow and $ave Account
Option 3 is a $1,500 loan • Up to 12 month term • $975 of proceeds may be available at the loan closing • $525 of the loan proceeds will be deposited into a Borrow and $ave Account	Option 4 is a $2,500 loan • Up to 36 month term • $1625 of proceeds may be available at the loan closing • $875 of the loan proceeds will be deposited into a Borrow and $ave Account

RATES APPLY