Page 38 - Credit Builidng Toolkit By Adrean Yancy jr 3

Credit Building ToolKit

Credit Builder Checking Accounts or Debit Cards

Having a subprime credit score should not dash your hopes of attaining financial
freedom. There are many opportunities available to build and improve it. One of the
most popular methods is using a checking account or debit card that offers built-in
features explicitly designed to help people with low credit scores improve their
scores. If you have never heard of these accounts before, don't worry - we will get

into more detail in this section and list three products you can consider.

· Varo Bank Account (also known as Online Checking Account)
If you want a free checking account without monthly fees, Varo is your perfect
option. All you need to start your bank account with them are an I.D., your Social
Security Number, and access to their mobile app on any device that can run it. You

only have to be 18 years old or older to be eligible for this fantastic offer from Varo.

Varo offers a new service that allows you to overdraw your checking account for up
to $50 when making debit card purchases. In addition, there are no fees or interest
charges. However, there is one requirement: you must complete five monthly debit
transactions, and you need at least 1,000 USD deposited into the account per

month.

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