Build Your Credit

Build your Credit

Are you a young person trying to establish credit, or maybe an adult whose experienced a few blemishes on your credit report? Success Credit Union has the answer.

 Open a Share Secured Loan or Share Secured VISA Credit Card tied to a share account and build or rebuild your credit.

 To begin the process, do the following:

  • Make a deposit into a regular share account (or begin saving small amounts that will add up quickly)
  • Apply for a share-secured loan or share-secured VISA Credit card
  • Borrow your own money and make timely repayments through auto pay

Setting up a share-secured loan or credit card can assist you by:

  • Building credit over time
  • Demonstrate to credit bureaus and lenders your commitment to repay your loan
  • Leave money in your savings when a loan is paid back, allowing you to continue good savings habits

Other important tips:

  • Pay your bills on time
  • Shop for the best rate on loans
  • Try to make additional payments or increase the amount you pay on loans to reduce length of repayment – Success Credit Union does not penalize members for early payoff.

You are entitled to FREE credit report each year!

Check your credit reports every 6 months or at least once a year. You are entitled to a credit report from Experian, Equifax and Transunion annually.

Get more information at

Loan Rates

Share and CD Secured

Regular Shared Secured

CD Secured

2% above current share savings rate, 90% LTV 2% above current pledged certificate rate, 90% LTV

Signature Loans 

> 12 Months As low as 10.25% APR*
24 Months As low as 10.75% APR
36 Months As low as 11.25% APR

Annual Percentage Rate. Rates are for qualified borrowers dependent upon credit score. Other restrictions may apply. See a loan officer for details.