Cheese: Credit Builder Account

Cheese: Credit Builder Account

Build credit & save easily

1.8K ratings
54 reviews
With Ads
💰 Finance

Archived App (Last seen on 21 Jan 2025)

This is an archived listing of the app previously available on the App Store.

Although the app is no longer distributed by Apple, you can still view its description, screenshots, version history, ratings, and metadata for reference.

Details

  • Released
  • Updated
  • February 5, 2021
  • September 29, 2023
Cheese: Credit Builder Account screenshot #1 for iPhone
Cheese: Credit Builder Account screenshot #2 for iPhone
Cheese: Credit Builder Account screenshot #3 for iPhone
Cheese: Credit Builder Account screenshot #4 for iPhone
Cheese: Credit Builder Account screenshot #5 for iPhone
Cheese: Credit Builder Account screenshot #6 for iPhone
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About

This app allows users to build credit and save money simultaneously. It's designed for individuals looking to improve their credit score, whether they have no history or need to rebuild it. The platform reports on-time payments to major credit bureaus and offers flexible repayment plans.

Build credit and save simultaneously
No credit check or admin fees
Reports payments to all 3 credit bureaus
Flexible repayment plans
Auto-save feature for payments
Cancel anytime without penalty
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What's New in Cheese

2.0.28

September 29, 2023

Our credit score tracking feature is now live! In addition to monitoring your FICO score for free, you can also gain deeper insights into your credit report. Furthermore, our credit coaching function is designed to assist you in charting a path toward your score goals. Simply tap the second tab in the app, and you can enroll for free anytime with your phone number!

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User reviews

Great credit builder

I’m using cheese for 8 months now. I saw here some comments regarding the service and must say that from my perspective everything works well, it helps for my credit mix and every time that I contact the customer service I’m getting answers and support.

This credit builder app is by far the worse!!!!

I contacted his company for months about switching my account from my savings to my checkings!!! I sent emails and I called countless times to a number that no longer has service but it still offered by the company!!!! There's no way to make a manual payment. You have to contact the customer service to have them make it available. I figured all this out after they said I missed a payment way back in November but I'm up-to-date on all the rest of my payments before and after this point!!!!! The representatives are super unprofessional, and overall the app is just terrible and can harm your credit more than it can help!!!!!!!!! Please listen when I say this cause I've contacted these people for weeks through email and they stopped contacting me back after the representative wasn't able to tell me how my payment was missed !!!!!!!!!! Would give 0stars
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Thank you guys

Thanks for all the reviews. I almost downloaded this app but decided to shop around a little more for different credit builder apps. After reading these reviews. I will be looking elsewhere. Thank you good people of the App Store

Warning warning warning - bait and switch

Do not do business with this organization. I tried to cancel the service, which the convenient make difficult to find and the next day they charged my account. Nothing worse then unscrupulous people. If you had the same experience, please join me in reporting them to the CFPB, your state attorney general and any other government entity that will penalize preying businesses such as this one. Absolute worse organization.
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Response from developer

Hi, sorry you’re having trouble. It looks like we’ve recently contacted you about this situation. Check your email for an update from our support email and we can go from there.

My credit score grows 58 points in 45 days!!!

Our family is planning to buy our first house next year. All of my friends tell me that a good credit score will save a lot of money by getting a better mortgage rate.

Due to bad spending budgeting and habits in the last two years, my credit score was down to 692! Improving my score became my new year resolution of 2023. As a Cheese debit card user, I trust this company for its customer support and product. So, I registered my Credit Builder account as soon as I got the email invitation. The registration process took only 3 minutes and I got the credit builder loan.

Today, I found my credit score increased by 58 points both on Equifax and TransUnion. It only took 45 days and my credit score is 750 now!!! And, I don’t even need to do anything after connecting my bank and it automatically put my monthly payment as my saving. I am sharing this with my best friends and 5 of them are Cheese happy users now!
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Response from developer

Hey! Thanks for the positivity! 🙌🏿 🙌🏽 🙌🏻 So glad to hear you’re enjoying Cheese.

FAQ

What is a Cheese Credit Builder account?

A Cheese Credit Builder account allows you to save money while simultaneously building your credit history. It's designed for anyone looking to improve their credit score, whether they are starting from scratch or need to rebuild it. The app reports your payment history to the three major credit bureaus, helping you achieve your financial goals.

How does the Cheese Credit Builder account work?

First, you apply for an account with no credit check or admin fees. Then, you make on-time payments according to a flexible repayment plan, which are reported to Experian, Equifax, and TransUnion. At the end of the loan term, you receive your paid-off principal back, minus the interest.

What are the costs associated with a Cheese Credit Builder account?

There are no upfront deposits or membership fees. The primary cost is a fixed and low APR, which varies by state of residency and starts from 5%. You can choose repayment plans for $500, $1000, or $2000 with terms of 12 or 24 months, with payments starting as low as $24 per month.

Can I cancel my Cheese Credit Builder account at any time?

Yes, you can cancel your Cheese Credit Builder account at any time without penalty. The app understands that payment situations can change, and they offer this flexibility to accommodate users' needs.

Who is this app for?

This app is ideal for individuals who want to build or rebuild their credit score, have no credit history, or are planning for future financial milestones like buying a car or a house. It's a solution for anyone seeking to improve their creditworthiness and achieve financial freedom.