Personal & Business Credit Boosters & Tradelines
Personal Credit Boosters
SECURED CREDIT CARD
Credit Card Builder
This is a secured credit card in your name used for the sole purpose of helping you build your credit score.
- No minimum credit score is required so there is 100% hope for you
- Low $200 limit so that you won't go into debt
- Low monthly payments, and no upfront deposit, it's easy to get started
- Reports within a week of approval
- Interest rates under 21%
To Do: A $200 minimum deposit is required. The higher the initial deposit, the more it helps lower credit utilization.
INSTALLMENT ACCOUNT
Credit Strong
Your Credit Strong account automatically helps you set aside money in a savings account, so you grow your savings as you build your credit.
- Building credit helps you save thousands of dollars in interest and fees
- With no hard credit inquiry or credit score required
- Low monthly payments, and no upfront deposit, it's easy to get started
To Do: A $200 minimum deposit is required. The higher the initial deposit, the more it helps lower credit utilization.
CREDIT BUILDER LOAN
Self Lender
There is no credit inquiry with a credit builder loan, so applying will not affect your score. These loans differ from traditional loans because you do not receive money immediately. Instead, a bank will put the loan into a secured account, and you will make monthly payments. You can also take out a credit builder loan from Self Lender. These payments are reported to the credit bureaus, thus building a payment history. When the loan is paid off, you can access the money. It’s like a savings account that also builds your credit.
SECURED CREDIT CARDS
OpenSky
Use your OpenSky card for everyday purchases like gas or streaming subscriptions, and make on-time payments each month—that’s all you need to start seeing your score tick up.
- Report to all three credit bureaus
- No credit check to apply
- Use on everyday purchases to boost your credit
A deposit of $200-$300 to open your account.
CREDIT BUILDER
Ava
Ava is here to help you build credit and save money on debt. The best way to tackle debt is to find the lowest cost of debt possible so you pay as little as necessary. We create a personalized step-by-step plan that starts with improving your credit score.
DEBIT CARDS
Extra
Extra is not a credit card – Extra is the first debit card that builds your credit. At the end of every month, Extra totals all of your purchases and payments and reports them to credit bureaus to build your credit.¹
- Build credit with debit card purchases
- No credit check to apply
- Earn rewards points as you boost your credit
Open an account for $20 per month.
RENTAL BUILDER
Boom
Report your current and past rent payments. Rent due on the 1st, but get paid on the 15th? With Boom, split your rent into installments for a small fee. Improve cash flow, save money, and build credit in the process.
- Enroll in minutes
- Report to all 3 credit bureaus
- Fast reporting to boost your credit
Business Credit Boosters
SPENDING MANAGEMENT
Divvy
Stop doing manual expense reports and get more hours back in your day. Divvy is the card-plus-software solution for your small business—and it’s free.
- Get access to scalable business credit
- Automatically keep spending under budget
- Stop doing painful expense reports
- Manage your invoices better
BUSINESS FUNDING
National Business Capital
Thrive with access to a business lending marketplace built for entrepreneurs, by entrepreneurs. Experience a time-saving machine that cuts approval times from months to hours. Leverage an extensive network of over 75 lenders and teams of expert financing advisors to ensure you’ll always have access to the capital that best fits your business.
Contact us today at 888-468-5974 or support@thegmtacademy.com.
