Inside your account dashboard, your “Savings Progress” is the actual value of your credit builder account if it were closed out today.

The formula for “Savings Progress” is: CD principal (no interest) - remaining loan principal - loan interest accrued to date – outstanding fees (if applicable) - CD withdrawal fee (if terminated early)

You may not make withdrawals from your account until the maturity date. Any withdrawals will be assessed a penalty of 90 days of CD interest. A withdrawal will reduce earnings. If you close your account before interest is credited, you will not receive the accrued interest, which may result in a loss of principal due to penalty. For more details, please refer to your account documents.