You will need the following to begin your credit-building journey with Grow Credit:
A bank account where you deposit your income
A valid email address
A valid phone number capable of receiving SMS messages
A social security number (SSN)
You must be a permanent resident of the United States with a physical address in one of the 50 states or District of Columbia
You must be at least 18 years of age
You can join Grow with no credit history or limited credit. We do not take credit score into account when considering your application. We underwrite loans using a proprietary machine learning model that takes the last 60-90 days of your banking activity into account. When you register for Grow and link your bank account via Plaid, Grow analyzes your accounts to determine which memberships you are eligible for.
For those who do not yet meet the criteria for a free Build plan, we offer an alternative Build Secured plan, which can be opened with a $17 deposit instead. Build Secured customers must have an active bank account that is at least 30 days old with a balance of at least $1 at signup. The $17 deposit will be refunded at the time you upgrade, after 12 months of consecutive on-time payments, or in the event your Build Secured account is closed.