Credit Builder Loan Program
Safe loans. Strong credit. Real solutions.
The Credit Builder Loan Program was designed to help community members access affordable financing while creating an opportunity to improve their credit score over time.
Why We Created This Program
At Leech Lake Financial Services, we believe building credit should not require turning to high-interest or predatory lenders.
This program supports real-life needs while helping individuals build long-term financial stability and generational wealth.
What The Loan Can Help With
Credit Building
Build or rebuild your credit through consistent monthly payments and financial education.
Vehicle Repairs
Help cover transportation needs so you can continue getting to work and supporting your family.
Emergency Expenses
Support for unexpected medical bills, family needs, or household expenses. Loans are capped at $3,000.
Eligibility Requirements
- Be an employed, local community member.
- Have available leave/PTO hours.
- Have a credit score under 700.
- Complete the required Credit Building Class.
- Demonstrate a financial need and ability to repay.
How It Works
- Attend the required Credit Building Class.
- Complete the loan application process with LLFS staff.
- The loan is secured using leave/PTO hours.
- Make payments through payroll deduction.
- Build credit while addressing immediate financial needs.
Important Program Guidelines
To ensure this program remains sustainable for community members who need it most:
🔒 Loans are now capped at $3,000. We cannot support larger loans based solely on leave hours.
🔒 CBLP is reserved for those with credit scores under 700 and a clear financial need.
🔒 Completion of the Credit Building Class is required.
In the past, some borrowers used the program to “save” leave hours. This program is now focused on helping individuals build credit and address real financial needs responsibly.
Loan Details
Typical Loan Terms
- Loan amounts: $300 – $3,000
- Typical repayment: 6 – 12 months
- Payroll deduction repayment structure
- Secured using available PTO/leave hours
Included Support
- Credit Building Class
- Financial education
- One-on-one support from LLFS staff
- Guidance for improving long-term financial health
Ready To Get Started?
To apply for the Credit Builder Loan Program or register for the required class, contact our team today.
