Great Basin Federal Credit Union Creates Rebuild Together Loan

Reno, NV, May 21, 2015 --(PR.com)-- Great Basin Federal Credit Union has created the Rebuild Together Loan to support local Nevadans. Credit cards can often be a scary topic for people when considering their finances, so the local credit union created the Rebuild Together Loan to battle that fear and help people build credit. The Rebuild Together Loan was created to support first time credit users in need of building credit as well as those who currently facing problems with their credit.

Great Basin Federal Credit Union’s goal with this loan is to help people with their credit with low risk. Great Basin Federal Credit Union lends a member a certain amount of money which is then locked into a special savings account for a minimum of one year. After a customer has made all payments and fulfilled the loan, the funds from the special savings account will be released to the customer.

Within the year of partnership between the customer and Great Basin Federal Credit Union, the customer has built up his or her credit file with proven timely payments and has funds available for a large expense like a down payment on a home or vehicle. The loan was created to be a simple and helpful option to improve one’s credit. Regardless of what a customer’s credit score may be currently, Great Basin Federal Credit Union is committed to helping their customers reach the goal of improved credit and more confidence with finances.

The Rebuild Together Loan Creates Advantages for Locals:

No payment up front

Safe way to build credit for first time credit users

Helps rebuild credit for those facing poor credit

Customers eventually pay themselves back

Customers receive a good sum of money after card is paid off

To learn more, call 775.333.4228 or visit Great Basin Federal Credit Union’s website at https://www.greatbasin.org.

About Great Basin Federal Credit Union

Great Basin Federal Credit Union has been a member of the community since our charter on January 11, 1951. What began as a 50 member credit union for Reno-Bell Phone Company employees has grown to a community chartered credit union serving over 15,000 people. A core value of Great Basin Federal Credit Union is to be “your loyal partner throughout life’s adventures.” Their mission is to enrich the lives of their member-owners and community through education and financial excellence.