How it Works You apply for a loan amount that you can afford to borrow. The loan funds go into a limited-access savings account as collateral for the loan. We report your loan repayment record to the credit reporting agencies. You pay off the loan within the time that you promised. You receive the full amount of the loan, plus dividends upon full replacement. How to Apply To apply for a Credit Builder loan, please bring your completed application to your local branch. Haga clic aquí para nuestro formulario de préstamo español