Build credit with a personal loan
If you have no credit and are looking towards building it, CrediAhorro is your best option. This loan allows you to put your money into a Certificate of Deposit into which you will be paying every month for the term of the loan. The certificate becomes collateral and during the term of the loan, it earns interests. When you pay off your loan, Popular disburses you the money plus the interests earned unto the Certificate of Deposit.
- Loans from $2,000 up to $10,000
- 12 to 84 month terms
- APR starting in 6.95%1
- 0.25% discount for using Direct Payment
- You don’t have to provide collateral
- 100% guaranteed with a Certificate of Deposit
Subject to credit approval and that it meets the parameters offered by Banco Popular. Other terms and conditions apply. Loans start from $ 2,000 up to $ 10,000 under a term of 12 up to 84 months.
1Base rate from 6.95% APR, 6.70% APR minimum rate. Example of a $ 2,000 loan to 36 months at 6.70% APR would pay $ 61.48. 6.70% offer includes 0.25% discount for signing up for Pago Directo. Credi-Ahorro is a Personal Loan product with guaranteed savings. The loan guarantee is a Certificate of Deposit (CD) that opens upon the approval of the loan, placing the approved amount on it. This Certificate of Deposit becomes the collateral for the loan. After making the monthly payments, and when the term established, the money is disbursed.