Nope! Borrowell doesn’t charge interest on the Credit Builder. You pay a flat program fee with us each month for the first 24 months.
Our 36-month Credit Builder pricing structure is as follows:
Month 1 - 24: You pay $10/month ($5 goes to your savings, $5 goes to the program fee)
Month 25 - 36: You pay $10/month (but the full $10 goes to your savings)