How do HFLA loans help build credit?
April 11, 2022
|By hflaneo
HFLA’s mission is to promote economic self-sufficiency. We seek to help our loan recipients better their financial position by improving their credit. Increased credit and positive repayment history can open the door to conventional financial resources in the future.
HFLA reports loan payments on all loans to all three major credit bureaus. HFLA loan terms are developed with the borrower’s financial situation in mind. We establish flexible repayment schedules with payments that fit the loan recipient’s budget and ability to repay.