No hard credit pull on your credit profile. Accounts are FDIC insured. Submit your name, email address and temporary password to get started!
Choose to build credit over 12, 18, or 24 months with a payment that fits your budget. (Low Interest Rate // Administrative Fees - $0)
Enter how much money you'd like to save over the term you choose, and CreditUp calculates your total loan amount and monthly payment.
Below are the top 5 questions asked.Click here to view more frequently asked questions
No. CreditUp by 5Star Bank will not perform a hard inquiry on your credit report. A soft credit inquiry is performed to verify your identity and ensure correct credit reporting. The soft inquiry will not affect your credit score.
The CreditUp by 5Star credit building account combines a secured customer installment loan and savings account, which builds both credit history and a savings account. Once your CreditUp application is approved, 5Star Bank will create two separate accounts in your name: a loan account and a savings account. In order to finalize your CreditUp account, you will need to sign your savings account contracts via E-sign AND you will need to sign loan account contracts that will be delivered via email.
You will need a valid email address, phone number, and existing bank account (if you choose to make your monthly payment with a direct debit via ACH from your bank account).
Once your CreditUp credit builder account setup is complete, here is what to expect and take note of: