THE CREDIT YOU DESERVE
HOW IT WORKS
Link Your Bank Account
Cedar finds the bills & subscriptions you pay each month and gives you a Line of Credit to pay them.
Spend Your Money
Add the Cedar Card as your payment method for the selected bills & subscriptions.
Watch Your Credit Grow
Repay the Line of Credit each month and Cedar will report your positive payment to the credit bureaus.
I HOW CEDAR BUILDS YOUR CREDIT
The Cedar Credit Builder provides positive payment history which is by far the most important factor in determining your credit score. Payment history accounts for 35% of your FICO score.
I WHAT IS GOOD CREDIT?
Credit scores are classified by these ranges
- Excellent: 800+
- Very Good: 740 - 799
- Good: 670 - 739
- Fair: 580 - 669
- Very Poor: 350 - 579
I BENEFITS OF GOOD CREDIT
- Lower interest rates on Loans and Credit Cards
- Easier approval for renting
- Better car insurance rates
I HOW CEDAR BUILDS YOUR CREDIT
The Cedar Credit Builder provides positive payment history which is by far the most important factor in determining your credit score. Payment history accounts for 35% of your FICO score.
I WHAT IS GOOD CREDIT?
Credit scores are classified by these ranges
- Excellent: 800+
- Very Good: 740 - 799
- Good: 670 - 739
- Fair: 580 - 669
- Very Poor: 350 - 579
I BENEFITS OF GOOD CREDIT
- Lower interest rates on Loans and Credit Cards
- Easier approval for renting
- Better car insurance rates
WHY CEDAR IS BETTER
