Is there any interest on my Credit Builder payments? April 10, 2025 20:00 Updated Nope! Borrowell doesn’t charge interest on the Credit Builder. You pay a flat program fee with applicable taxes. Related articles Will I be getting cash when I sign up for Credit Builder? Are there any other fees on Credit Builder? Why choose Credit Builder and how does it help? How is Credit Builder different from a secured credit card? Do I need to sign a Credit Builder contract?