Magnum - Build Your Credit

Unlock your credit potential with Magnum's installment credit builder account.

Detailed Comparison of Credit Builder Accounts
Product
Magnum - Build Your Credit
(5)
Competitor Credit Builder
(3)
Monthly Payment $30.00 $25.00
Credit Limit Potential $2,000 to $30,000 $1,000 to $15,000
Minimum Payment Duration 24 months 12 months
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Frequently Asked Questions

It's a cash secured loan where the funds are held as collateral while you make monthly payments.

It's a cash secured loan where the funds are held as collateral while you make monthly payments.

To see the best results, maintain the account for at least 24 months.

No, the loan proceeds are held as collateral and you receive the principal back when the account is closed.

Features Comparison

Magnum - Build Your Credit
Key Comparison Points:

Large Credit History: Establish a significant credit history.

Low Monthly Payments: Start payments as low as $30.

Long-Term Credit Building: Ideal for long-term credit improvement.

Competitor Credit Builder
Key Comparison Points:

Smaller Credit History: Establish a limited credit history.

Moderate Monthly Payments: Payments start at $25.

Short-Term Credit Building: Suitable for quicker credit improvements.

What Our Customers Say

"MAGNUM helped me build my credit score from 600 to 750 in just 12 months!" — Sarah J.

- Sarah J.
Small Business Owner

"The low monthly payments made it easy for me to maintain the account." — Michael T.

- Michael T.
Freelancer

"Thanks to MAGNUM, I was able to secure a personal loan for my home!" — Jessica K.

- Jessica K.
Teacher

"I never thought I could achieve such a high credit score. Highly recommend!" — David R.

- David R.
Engineer

"Very effective program for building credit without high costs." — Linda P.

- Linda P.
Retail Manager

"I was able to get my first credit card thanks to MAGNUM!" — James S.

- James S.
College Student