-17%
5k Installment Loan Personal Credit Line
Original price was: $350.00.$205.00Current price is: $205.00.
Business Startup package
$550.00
30k Installment Loan Personal Credit Line
Original price was: $600.00.$499.00Current price is: $499.00.
120 Month Plan (maximum)
Single – non refundable loan origination Fee of $499
$350/ month paid by you directly into your own savings account which you get back **minus 7.15% interest** when you close the loan).
We recommend making double the minimum payment and holding this credit line open for at least 6 months if you intend on applying for large ($8,000+) unsecured personal loans in the future. This will report a $5,000 personal loan to all 3 bureaus ; Experian, Equifax, and TransUnion
Free FICO® Score monthly
No hard credit pull
Cancel anytime with no penalty!
This Account maximizes your credit profile by adding a sizable installment loan account to your credit report
It may be right for you if you want to:
- Unlock higher credit limit credit cards
- Access higher-value personal loans
- Maximize your potential credit score increase
Because of its long term, this Installment Loan account is not for everyone
This Account may not be your best credit building option if:
- You cannot afford to consistently make the minimum required monthly payment on time
- You do not have the ability to easily keep the account open for at least 24 months
- You have a bankruptcy that is less than 7 years old
- You have loans or credit cards with late/missed payments within the last 12 months
- You want or need money NOW
NOT recommended if:
- You are applying for a home mortgage in the next 12 months and are concerned about your DTI ratio (Debt-to-Income ratio)
- You are applying for a business loan that requires a personal guaranty in the next 12 months and are concerned about your DSCR (Debt-Service-Coverage-Ratio)
Not designed to build savings
While this account is not designed to focus on building savings, the principal you pay on your loan will be returned when you close your account, less any outstanding interest or fees.
Your account and payment history will be reported to Experian, TransUnion, and Equifax. This account may need to be open and in good standing for a minimum of 90 days, and you may need to successfully make a minimum of 3 required monthly payments before your account is reported to the 3 major consumer credit bureaus.
Related Products
Credit Fresh Start – Your Name LLC EIN
Register your name with the IRS as "Your Full Name" LLC and it will be given a Fresh EIN/Tax ID number.
Essentially creating a clean slate "entity" for yourself with its own ability to obtain a new credit score and new credit profile.
Once established, simply replace your social security number on credit applications with this new Entity number directly from the IRS.
To make best use of this new entity number for credit purposes, please book a credit consultation, and we will guide you.
By purchasing this package from us you agree to not use this for fraudulent purposes and not to hold New Business Gateway or its associates and members responsible for your actions. You also agree to reading and complying with the Terms and Service page on this website.
5k Installment Loan Personal Credit Line
120 Month Plan (maximum)
