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Teen Credit Builder Loan


When you're young, establishing credit can seem overwhelming. You probably understand good credit is necessary, but you're not sure where to start. Maybe you're nervous about opening a credit card and are looking for safer options.

We're here to help get you on the road to financial success. Our credit-building loan is one of the best ways to build credit... and save.

Apply for a Credit Builder Loan


  • We give you a $250 loan and deposit the funds in an SCE FCU Savings account in your name, where it earns dividends
  • You make on-time monthly payments of $29, based on simple terms we both agree upon
  • As you repay, we report your good payment history to the credit bureaus, which helps build your credit
  • A higher credit score can help you get lower rates on future loans, better terms on rental agreements, and more
  • As you make payments, the funds are made available to you – or you can leave the money in the account for whatever you choose

This is an easy way to build your credit and also save.

Checking Savings - Everything



Together, we can make
your financial goals a reality.