Rebrand – answers to frequently asked questions

TEEN CREDIT
BUILDER LOAN

Good credit is needed to get the best rates on a car loan, a credit card, and more. But if you’re a teen, how do you establish and build a strong credit history? Our Teen Credit Builder Loan is designed to be the answer.

What is a teen credit builder loan?

A Rize Teen Credit Builder Loan is a way for teens to build not only credit but also savings at the same time. We put a set  amount of  money in a savings account, and you pay toward that account in monthly installments, then receive the balance at the end of the loan term.

Pro tip!
Set up a monthly automatic transfer from a Rize Teen Checking account to ensure timely payments.

Here's how it works

1Amount of funds made available to withdraw is based on payment amount, interest paid, and dividends earned.