Establishing a good credit history is important to every member. But often, new borrowers find it difficult, if not impossible to obtain credit. That's where CreditLink can help.
CreditLink offers three great services to help you build your credit:
1. Auto Loan
- With CreditLink, new car borrowers can finance a new or used vehicle at an affordable rate. Members can finance up to $15,000 with a CreditLink auto loan. Plus, each CreditLink auto loan is automatically covered by a free GAP waiver, which could cost up to $400 elsewhere.
2. Visa® Credit Card
- CreditLink makes a Visa®
credit card available to almost any new borrower with a $1500 credit limit.
3. Line of Credit Loan
- A CreditLink Line of Credit can be accessed up to $1,000 and carries a reasonable interest rate. A Line of Credit can serve as Overdraft Protection for a Barksdale Federal checking account.
Once you activate CreditLink, you may request for your Visa®
credit card or Line of Credit Loan to be reviewed after a one-year period. At that time, your loan rates may be reduced or your credit card limit may be increased.