Mission: Credit Confidence

Building and Improving Credit

We know building credit is an important part of your financial life. To help, we've assembled some tips and resources for you. Read more

Tips for Building Credit

We're here to partner with you on your journey toward building and maintaining great credit. Here you can find tools and resources to guide you. We're here to support you along the way.

  • Make Sure You Pay on Time

    The best thing you can do to build good credit and improve your credit score is to make your payments on time, all the time. Set up automatic bill pay or transfers so you never miss a payment.

1You can order reports from all three credit reporting companies (Experian®, Equifax® and TransUnion®) or order one at a time.

Products That Help

A Secured Credit Card

It looks and works like a regular credit card, but it's guaranteed by a cash deposit, which determines your credit limit. And, your deposit earns interest. Navy Federal's nRewards® Secured card can get you started with $200.


A Pledge Loan

You can borrow against your savings or certificate account. As you repay what you borrowed, you'll be strengthening your credit. Plus, the pledged account continues to earn dividends. Navy Federal's Certificate Pledged Loan and Savings Pledged Loan start at $250.

  • Certificate Pledged Loan: Investing in a Certificate or Jumbo Certificate will allow you to borrow up to 100 percent of your certificate's balance.
  • Savings Pledged Loan: These loans traditionally offer borrowers a lower interest rate. As the loan is paid off, more savings become available to you.

Call 1-888-842-6328 or visit a branch to apply.

Want to Know More?