How long before I can re-apply for a Credit Builder Account after I was denied?

If you were initially denied for a Credit Builder Account, you are welcome to re-apply after 24 hours. Before you re-apply, please read the adverse action notice you should have received via email, which explains why your application was denied. Please address the reason for your denial before re-applying. 

Please note - we do not deny someone a credit builder loan based on their credit score. 

Our bank partner uses ChexSystems, a database of past retail banking history, to determine your eligibility for a Credit Builder Account. ChexSystems is a nationwide specialty consumer reporting agency under the Federal Fair Credit Reporting Act (FCRA). If you’d like to learn more about your ChexSystems report, please contact them directly.    

If, while viewing your report, you discover errors, you have the right to dispute any inaccurate information contained in your ChexSystems report. Once these items are cleared from the ChexSystems report, you are welcome to re-apply for a Credit Builder Account. 

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