Credit Boosters - GMT Academy

Personal Credit Boosters

Secured Credit Card

Credit Card Builder

This is a secured credit card in your name used for the sole purpose of helping you build your credit score.

No minimum credit score required so there is 100% hope for you!
Low $200 limit so you won't go into debt
Low monthly payments, and no upfront deposit, it's easy to get started.
Reports within a week of approval
Interest rates under 21%

To Do: A $200 minimum deposit is required. The higher the initial deposit the more it helps lower credit utilization.

Installment Account

Credit Strong

Your Credit Strong account automatically helps you set aside money in a savings account, so you grow your savings as you build your credit.

Credit Builder Loan

Self Lender

There is no credit inquiry with a credit builder loan, so applying will not affect your score. These loans differ from traditional loans because you do not receive money immediately. Instead, a bank will put the loan into a secured account and then you make monthly payments. You can also take out a credit builder loan from Self Lender. Each of these payments are reported to the credit bureaus thus building a payment history. When the loan is paid off, you can access the money. It’s like a savings account that also builds you credit.

secured credit cards

OpenSky

Use your OpenSky card for everyday purchases like gas or streaming subscriptions, and make on-time payments each month—that’s all you need to start seeing your score tick up.

Deposit required of $200-$300 to open your account.

Credit Builder

ava

Ava is here to help you build credit and save money on debt. The best way to tackle debt is to find the lowest cost of debt possible so you pay as little as necessary. We create a personalized step by step plan, starting with improving your credit score.

Debit cards

Extra

Extra is not a credit card – Extra is the first debit card that builds your credit. At the end of every month Extra totals up all of your purchases and payments and reports them to credit bureaus to build your credit.¹

Open an account for $20 per month.

Rental Builder

Boom

Report your current and past rent payments. Rent due on the 1st but get paid on the 15th? With Boom, split your rent into installments for a small fee. Improve cashflow, save money, and build credit in the process.

Business Credit Boosters

Spending management

Divvy

Stop doing manual expense reports and get more hours back in your day. Divvy is the card-plus-software solution for your small business—and it’s free.

Business Funding

national business capital

Thrive with access to a business lending marketplace that’s built for entrepreneurs, by entrepreneurs. Experience a time-saving machine that cuts approval times from months to hours. Leverage an extensive network of over 75 lenders and teams of expert financing advisors to ensure you’ll always have access to the capital that best fits your business.

The business credit process that I engaged in with the Business Finance Suite allowed me to establish my company's corporate credit, expand my business operations and take my company to the next level.

This program is truly amazing! Not only did I get the results...I was able to learn the credit game and build my own 6 figure business! This is what the entire US needs!

I believe that the GMT Academy has opened up possibilities for my business in for my business in the future that I could never have imagined, and then every business owner can benefit from the business builder kit.

I was able to get a Paydex rating of 80 from Dun & Bradstreet that allowed me to access larger revolving credit lines with Macy's, Staples and with Amazon. At the end of about six months I had about 10 different trade lines that allowed me to then make application for Visa and Mastercard of $5,00 and $10,000.