If you don’t have a credit history, CrediSavings is your solution. It allows you to invest the approved loan amount in a certificate of deposit (CD) and pay off the loan in the term of your selection. The CD becomes the collateral and it will earn interest during the term of the loan. When you pay off your loan, you receive the money from your CD plus the interest accrued throughout the term.

A tailor made solution:

  • Loans available from $2,000 up to $10,0001
  • Terms: 12 to 72 months
  • APR from 6.95%2
  • 0.25% discount on your APR for using Direct Payment2
  • No collateral required
  • 100% guaranteed with a certificate of deposit2

Loan available only in the U.S. Virgin Islands.

Apply in USVI

You can also apply by calling our Telemarketing Center at 1.888.724.3653.

You must meet the following criteria to apply for a loan:

  • You must be a resident of St. Thomas or St. Croix (US Virgin Islands) or Tortola (British Virgin Islands)
  • You must be at least 18 years old. If you are under 18, you must present an emancipation decree or a marriage certificate

Important documents needed when applying for a loan:

  • Email address (to contact you quickly and easily)
  • Monthly net income – The money you get after deductions (this information appears on your pay stub)
  • Social Security number