Looking for a way to build your credit score? You’ve come to the right place. With Credit Builder, you can improve your credit* and save for the future along the way..

Here’s how it works:

1. Open a Credit Builder Account

Download the Brigit app and securely connect your bank account to see if you qualify for Credit Builder. (We use the same 256-bit encryption as big banks to keep your information safe.) Once you’re approved, we open a 24-month loan in your name and place it in a secure deposit account. There’s no deposit required, no fees, and zero interest.

Unlike a traditional loan or Brigit Instant Cash, you don’t have access to the money from your Brigit Credit Builder loan. After your loan is paid off, you can access the funds you contributed. (PS: If you need access to cash immediately, check out Brigit Instant Cash.)

2. Set Your Monthly Payment

The monthly loan payment is split in two payments: you choose how much to contribute towards your monthly loan payment (anywhere ranging from $1 to $25) and the rest is paid from your new deposit account.

Each month, we’ll automatically make the payment to pay off the loan so you don’t have to worry about missing it. The amount you pay doesn’t have an impact on your score, just on how much you save and get back later. These regular monthly payments help build positive payment history, which is key to improving your credit score.

3. Grow your savings and build your payment history

We report your payment history to the three major credit bureaus each month, helping to build your score while adding to your savings. Regular payment history accounts for ~35% of your credit score—making it the single biggest factor.

4. Get your money back when you want it

At any point in your Credit Builder journey, you can withdraw the funds you’ve contributed (or you can save it until the end and keep it safe and secure). If you contributed $25 a month, you’ll get back $600 at the end of the loan. Oh, and you’ll also get a brand-new credit score. 

Credit Builder is available as part of our Brigit Plus plan for just $9.99/month. You’ll also gain access to our other services, like Instant Cash (for when you need a little extra cash to get by), identity theft protection, budgets, balance alerts, and more.

Get started building your credit here!

Disclaimer: The materials on this page are for informational purposes only and do not constitute legal, financial, or tax advice. We may be compensated when you click on links to our referral partners. With respect to our referral partners, we do not guarantee that you will be presented with offers for any particular types of products or services or that you will meet the approval criteria for any particular offer. We do not warrant products or services offered or presented by our partners. Brigit Credit Builder accounts are secured loans issued by our banking partner Coastal Community Bank, Member FDIC. Brigit does not offer other personal lending products. 

*Impact to score may vary. Some users’ scores may not improve. Results will depend on many factors, including on-time payment history, the status of non-Brigit accounts, and financial history.