Last Updated: 04/18/2025
Champion CU Credit Builder Loan
Unaffiliated
in Personal Loans from Champion Credit Union
Last Updated: 04/18/2025
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Highlights
APR (Variable APR)
Starting at 16.00%(Verified 06/21/2024)
Amount Range
N/A
Loan Term (Months)
Up to 12
Champion CU Credit Builder Loan Review
Champion CU Credit Builder Loan is offered by Champion Credit Union, a credit union founded in 1932 and based in Canton, NC. Champion Credit Builder are available in 50 states and Washington, DC.
Key Takeaways
- Uses a variable APR. This is uncommon for personal loans. If interest rates rise in the future it could make the monthly payments more challenging. Personal loan interest rates typically range between 9% and 36%. The starting rates for Champion CU Credit Builder Loan are on the higher end of the market.
Champion Credit Builder Pros & Cons
| Pros | Cons |
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Champion Credit Builder FAQ
What interest rates and personal loan terms does Champion Credit Builder offer?
Champion Credit Builder has higher than average interest rates for lenders reviewed on SuperMoney.
What interest rates does Champion Credit Builder offer?
Champion Credit Builder offers a variable APR personal loan product that starts at 16.00% APR.
What is the maximum loan term you can get with Champion Credit Builder?
Champion Credit Builder offers loans with terms of up to 12 months.
| Personal Loan Amount | N/A |
| Loan Term | up to 12 months |
| APR | Starting at 16.00% |
What fees does Champion Credit Builder charge?
Does Champion Credit Builder charge an origination fee?
Champion Credit Builder may charge a personal loan origination fee .
Does Champion Credit Builder charge a late fee?
Champion Credit Builder does not disclose whether it charges late payment fees.
Does Champion Credit Builder charge prepayment fees?
No, Champion Credit Builder does not charge prepayment fees. This means you will not have to pay additional fees if you decide to pay the personal loan off early.
| Origination Fee | No |
| Prepayment Fee | N/A |
| Late Payment Fee | No |
What do you need to qualify for Champion CU Credit Builder Loan?
Champion CU Credit Builder Loan does not require or does not disclose a credit score minimum. Champion CU Credit Builder Loan does not have or does not disclose a minimum annual income eligibility requirement.
U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by Champion CU Credit Builder Loan.
To qualify, applicants may need to provide the following documentation:
- Proof of income
- Driver's license or other government photo ID
- Proof of identity
- Proof of citizenship or residence permit
| Minimum Age | N/A |
| Bank Account Required? | No |
| Credit Score | N/A |
Does Champion CU Credit Builder Loan report your account activity to credit bureaus?
Yes, Champion CU Credit Builder Loan reports to the following credit bureaus:
- Equifax
- Experian
- TransUnion
Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and may help build your credit.
Does Champion Credit Union perform a hard credit pull?
Yes, Champion Credit Builder performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.
Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.
Are Champion CU Credit Builder Loan legit?
champion credit union was founded in 1932, it is a well-established company that has been in business for 94 years.
Unfortunately, we don't have sufficient community reviews to provide a reliable rating of their user experience and customer service.
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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Hours of Operation
Sunday
Closed
Monday
8:00AM - 5:00PM
Tuesday
8:00AM - 5:00PM
Wednesday
8:00AM - 5:00PM
Thursday
8:00AM - 5:00PM
Friday
8:00AM - 6:00PM
Saturday
Closed