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First Bank of Wyoming is helping to give folks a fresh start with the Credit Builder Loan Program

First Bank of Wyoming is helping to give folks a fresh start with the Credit Builder Loan Program

Is your credit currently under construction? A work-in-progress? Non-existent? Don’t live paycheck to paycheck forever; start improving your credit situation today! The credit builder product is designed to give those with poor or limited credit the opportunity to establish (or re-establish) credit while simultaneously building equity in a deposit account. In addition, it will dovetail with the Financial Foundations for Adults self-paced financial literacy training program. Back in January, First Bank of Wyoming shared information about their Financial Foundations program right here on Reboot. What do you need to know about the Credit Builder Loan? - $500 minimum loan, $1500 maximum loan, 6-18 month repayment terms-see a Personal Banker for details. - Interest rate is 9.99%. However, completion of the free Financial Foundations learning program can reduce your interest rate by 2.00% - Loan is secured in a savings account until it is paid in full-a credit building nest egg! Here’s what First Bank of Wyoming Personal Bankers are saying about the Credit Builder Loan: “We want to help you re-establish your credit and become competent borrowers”.-Kay Karst, Powell “The loan is an opportunity to rebuild or establish credit. In addition to the loan the bank offers, the Financial Foundations online courses help to give a better understanding of how credit affects you.”-Tara Hart, Cody “The Financial Foundations program gives you a great opportunity to expand your financial knowledge while rewarding you with a 2.00% interest discount.” -Charis Bischoff, Lovell Stop by any branch in Powell, Lovell or Cody and speak with one of the personal bankers listed below to learn more about this program and other great products and services offered by First Bank of Wyoming . *Powell-245 E 1st Street*Kathee Hernandez-Vice President, Personal Banking Manager Kay Karst Holly Cole *Lovell-284 E. Main Street*Charis Bischoff *Cody-1507 8th Street*Tara Hart Mandy Cox *Cody Downtown-1426 Sheridan Avenue*Judy Faulk #fbow #sponsored #business #reboot #news