Fresh Start Plus is a great option to help you build credit if you find credit card interest costs too high and are having difficulty qualifying for a traditional unsecured loan. Traditional lenders typically consider your credit score and history, prior delinquencies, credit utilization, debt-to-income ratio and employment and tax history among other criteria. If you have a recurring monthly payment obligation, you will qualify for a Fresh Start Plus credit builder loan. Our application process is short and simple and there is no credit check required. Fresh Start Plus offers a variety of flexible credit builder loan solutions to meet your monthly payment obligations cost effectively.
Our unique Fresh Start Plus loan programs are applicable to a variety of programs that have a recurring monthly or periodic payment obligation. We will design a Fresh Start Plus loan to finance your program costs and report your monthly program payments; your loan payments will closely match your monthly program payments.
You satisfy your monthly payment obligations and build credit at the same time. Repaying your old obligations and building credit do not have to be mutually exclusive. You can kill two birds with one stone with a Fresh Start Plus loan.
Payment history is the most important factor in your credit score. Your monthly program payments often will be one of the largest and most consistent payments that you will be making every month, but is not included in your credit score and does not help you build payment history. By reporting your monthly program payments to the credit bureaus, you get the credit reporting benefits of a consolidation loan without the high interest costs.