Credit Builder

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The credit builder loan is designed to assist you to improve your financial condition.  Credit-builder loans can be used to pay off collections, consolidate debt, and reduce interest rates resulting in improved family discretionary dollars and improved credit.  The credit builder loan has a maximum amount of $10,000.

  • Loan applicant must be a resident of the Quinault Indian Reservation or an enrolled member of the Quinault Indian Nation.

  • Applicant must complete an assessment and application, have verifiable income, complete a personal budget, and attend a financial education and credit class.

  • Applicant must have completed a five-year financial plan outlining how his or her personal finances will improve.


Loans up to 48 months, maximum up to $10,000, interest rate currently ranges from 7.75% to 13% (rates may change on a quarterly basis based on the federal prime rate.)  Collateral value after discount must be at least 50% of loan amount.

  • Pre-Loan

      • Schedule a meeting with the Loan “Coach” to assess customer’s needs and go over loan application

    • Complete financial education and credit training.

    • Complete loan application, including all required attachments.

    • Create a five-year financial plan.

  • Loan

    • Loan Committee approves loan.

    • Sign loan documents & secure collateral.

    • Proceeds of loan are paid directly to verified past-due creditors.

    • Automatic payments, if applicable, are set up.

  • Post-Loan

    • Meet with Taala Fund Financial Advisor monthly or as otherwise indicated in the loan agreement documents.

    • Run annual credit checks and review with customer.

TAALA FUND, a Native led 501c3 non-profit organization, is a  Community Development Financial Institution (CDFI).  

CDFI's are financial institutions that focus on personal lending and business development efforts in local communities.

CDFIs can receive federal funding through the U.S. Department of the Treasury.

As a nonprofit organization, contributions to Taala Fund are tax deductible.



PO Box 702

Taholah, WA   98587


8:00 am - 4:30pm


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