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Empower Your Financial Savvy

Through our free workshops members learn practical tips on how to reach goals and improve their personal finances.

Let's get your finances back where they should be.

Anyone can get into a financial jam. Getting out can require a little help. Our Credit Builder Loans are designed to provide you with the opportunity to turn things around.

Maybe you're trying to get your credit rating back on track. Or maybe you're a young adult starting from scratch. Either way, one good way to establish yourself as a responsible borrower - and build your credit score - is through on-time loan payments. At Summit Credit Union, we offer several ways to make that happen.

Credit Builder Loans

The amount you borrow remains in a savings account until you pay off the loan in full. Once you do, the funds are yours.

  • Loans from $1,000 to $5,000
  • Competitive interest rates
  • Incentive to create a savings plan
  • Schedule on-time payments through Digital Banking, either online or the Summit Credit Union mobile app

Credit Builder Visa® Loans

Get access to money when you need it. You can secure a line of credit using funds in a special savings account. Or you can secure the credit line with funds fully advanced from a Visa® card.

  • Credit lines up to $2,000
  • No annual fee 
  • No minimum finance charge
  • No cash advance fee
  • 25-day grace period on interest from purchases

Credit Builder Auto Loans

To get over the financial hump, you may need to find a job - or get a new one. That can require reliable transportation. Through our partnership with Enterprise Car Sales, we offer special financing, with a low down payment, on pre-owned cars.

  • Borrowers must qualify based on their ability to pay 
  • Payroll deposit required 
  • Minimum $500 down payment 
  • Other qualifications may apply

Summit Credit Union is a full-service financial institution with eight branches throughout North Carolina.

Frequently Asked Questions

A good way to establish yourself as a responsible borrower - and build your credit score - is through on-time loan payments. From a loan, Visa loan, to an auto loan, we can help you get your credit score back on track.

Your FICO® Score determines the likelihood the loan will be repaid and lenders will review this during the loan process. Generally, the higher the credit score, the lower the interest rate.

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