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OLD NATIONAL CD SECURED BELIEVER LOAN

When you’re ready to start building a strong credit history, we’re here to help with our CD Secured Believer Loan1.

CD Secured Believer Loan

  • A man looking online for a new loan

    HOW IT WORKS

    1. Borrow from $500 to $2,500 to purchase a Certificate of Deposit (CD) account.1
    2. Make on-time monthly payments (between 12 to 24 months) — building a positive payment history. The CD term is the same length as the loan payback period.
    3. Once the loan is paid in full — you get the cash + interest!
  • A family in their kitchen eating breakfast

    BENEFITS OF A BELIEVER LOAN

    The Old National CD Believer Loan is designed to help you build your credit rating3 by making on-time-payments — all while building a savings balance!

    • No minimum credit score required
    • Build a strong payment history
    • Save up to $2,500 in the process
    • Get a .25% rate discount when you use automatic debit from an Old National checking account4
  • A couple looking online for a new loan

    GET STARTED

    Maybe you’ve had trouble establishing a credit score. Maybe you’ve made a few mistakes and need to rebuild your credit. If so, the relaxed credit requirements of a Believer Loan may make sense for you.

    The first step is visiting your local banking center to talk with a banker and fill out an application.

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1 Loans are subject to credit approval. To qualify, must be age 18 or older with no current delinquencies or open collections of $250 or more.
2 A penalty may be imposed for early withdrawal. Subject to terms and conditions of Certificate of Deposit Account Agreement. CD funds must stay on deposit for the life of loan.
3 Late payments and/or loan default will negatively affect your credit score.
4 .25% discount available when you establish EZ Pay automatic payment from an authorized Old National checking account at time of loan origination.