Who are Subscribe accounts designed for?

Low Cost

Subscribe accounts are designed for consumers focused on long-term, low-cost credit building.  Starting at just $15 a month, Subscribe accounts are the most affordable option to start building your credit.

Customizable

Customize your credit building to suit your goals. Don’t need all 120 months of credit building?  Subscribe accounts allow you to partially prepay, payoff, or close your account at any time with no fee or penalty.

Long Run

Length of credit history comprises 15% of your FICO® Score. Subscribe offers a way to keep a long tradeline on your profile and consistently build up a healthy length of credit history.

Constantly replacing a 12-month credit builder loan is more costly and may dip your credit score each year. Every time the 12 month loan matures it will decrease your length of credit history.

Decreasing Cost

With Subscribe accounts, every month your interest cost goes down and your savings progress accelerates.

The tables below illustrate interest expense vs. savings progress for Subscribe 1000 and Subscribe 2500 accounts.

Subscribe 1000

One-time, non-refundable administrative fee: $15.00
Annual percentage rate: 13.50%

Monthly PaymentAvg. Monthly Savings ProgressAvg. Monthly Interest ExpenseAnnual Savings ProgressCumulative Savings ProgressAvg. % of Payment Applied to Savings Progress
Year 1$15.00$4.32$10.68$52$5229%
Year 2$15.00$4.93$10.07$59$11133%
Year 3$15.00$5.61$9.39$67$17837%
Year 4$15.00$6.39$8.61$77$25543%
Year 5$15.00$7.28$7.72$87$34249%
Year 6$15.00$8.30$6.70$100$44255%
Year 7$15.00$9.46$5.54$113$55663%
Year 8$15.00$10.77$4.23$129$68572%
Year 9$15.00$12.28$2.72$147$83282%
Year 10$15.00$13.97$1.01$168$1,00093%

Subscribe 2500

One-time, non-refundable administrative fee: $15.00
Annual percentage rate: 7.75%

Monthly PaymentAvg. Monthly Savings ProgressAvg. Monthly Interest ExpenseAnnual Savings ProgressCumulative Savings ProgressAvg. % of Payment Applied to Savings Progress
Year 1$30.00$14.36$15.64$172$17248%
Year 2$30.00$15.51$14.49$186$35952%
Year 3$30.00$16.76$13.24$201$56056%
Year 4$30.00$18.11$11.89$217$77760%
Year 5$30.00$19.56$10.44$235$1,01265%
Year 6$30.00$21.13$8.87$254$1,26570%
Year 7$30.00$22.83$7.17$274$1,53976%
Year 8$30.00$24.66$5.34$296$1,83582%
Year 9$30.00$26.64$3.36$320$2,15589%
Year 10$30.00$28.76$1.22$345$2,50096%

1 Cost comparison of Credit Strong Subscribe 1000 $15 monthly payment vs. Netflix Premium $15.99 monthly payment as of October 7, 2019. Netflix is a registered trademark of Netflix, Inc. 

Note: All amounts above are estimates based on on-time loan payments, actual amounts may vary depending on timing, amount, and number of payments.