COMING SOON!
Build Credit While Building Savings
Using Chipper’s Credit Builder Savings can get you an average credit score bump of 49 points.
What You Need To Know:
What is the Credit
Builder Savings account?
It’s a loan in a bank-held Certificate of Deposit (CD) that you pay off in monthly installments.
How Does Chipper Build Credit?
Each monthly payment gets reported to all three credit bureaus. That builds your all important credit payment history - which makes up 35% of your credit score.
How it works
Step 1
Getting Started
Choose a plan, open your Chipper SavingsBoost Account and pay your nonrefundable admin fee.
STEP 2
One Month Later
Start making your monthly payments. We’ll handle reporting to the credit bureaus.
STEP 3
24 Months Later
Finish paying off your credit builder loan. The Chipper SavingsBoost payout tracker will show when you’ll get your money (minus interest & fees).
What Does It Cost?
We offer 3 Credit Builder Savings plans to fit your goals and your budget.
Options available may vary from those reflected below.
Start Building Credit Safely
We understand that building credit while dealing with student debt can be a challenging. We're believe you should never have to accrue additional debt to build credit. That's the driving force behind our creation of Credit Builder Savings, your route to pursuing your dreams.
You've Joined the Waitlist
We'll notify you once Credit Builder Savings is live!
Oops! Something went wrong while submitting the form.
No Hard Pull
There is no hard pull on your credit when apply for a Payment Boost
Track Your Credit Score
Watch how your score changes over time - at no extra cost
Report To All 3 Bureaus
Every payment is reported to all three credit bureaus.
Cancel Anytime
We know making payments isn’t always easy. That’s why you can cancel at any time and get your savings progress back, minus interest and fees.
