You will immediately have access to your CreditStrong dashboard. You will receive your first FICO Score 8 within two weeks of opening your account and see the date for your next score update.

For Instal, CS Max, and MAGNUM, your first monthly payment will be due one month after you open your account. When possible, accounts are set up on autopay when opened. You can manually turn off auto-pay by going to the My Account/Payments tab. We recommend that you set up autopay so your payments are made on time. 

Typically, your CreditStrong account will appear on your credit report 30-60 days after you make your first payment. Note: We provide your payment information to the three major credit bureaus, but it can take them some time before they process the information and add the account to your credit report. Unfortunately, each credit bureau individually controls when your payment information will be processed and added to your credit report, and we are unable to expedite this process for you. 

Remember, the most important part of your credit building journey is to pay on time. Payment history makes up 35% of your FICO score, so it is important to avoid any late payments on your CreditStrong account, or it may harm your credit score. 

An installment credit builder account is a cash secured credit builder loan where the loan funds are deposited in a deposit account in your name and locked to secure the loan

You make monthly payments of principal and interest; the principal builds your saving and is returned to you when your account is closed, the interest is how we earn money to provide the service

While you will build savings with your installment credit builder account, CS Max and MAGNUM accounts are optimized for building larger amounts of credit, not building savings.

Yes, you may have up to six CreditStrong accounts 

• Up to two Revolv accounts 
• Up to two MAGNUM / Instal / or CS Max accounts 
• Up to two CreditStrong Business accounts 

To open multiple accounts, open your first account and successfully make the first payment and any account opening fees. A tile will appear in your dashboard, allowing you to apply for additional accounts. 

If you previously had a CreditStrong account that is now closed, you can open another new account – subject to limitations if your previous account was flagged for suspicious or fraudulent activity.