Guaranteed approval*
PayFit Credit Builder - Pay Bills. Build Credit.
With our PayFit Credit Builder9 feature, you build credit history every time you pay your bills with your Vision Visa Prepaid Card. Pay your utilities, rent and other bills with your card, and you’re on your way. It’s FREE to all Vision Visa Prepaid Card users with no need to enroll.
It’s all good.
PayFit Credit Builder only reports only payment information, so it builds your credit with no worries. Lenders such as Ford Motor Credit, Chrysler, HSBC, and many others utilize the FICO® Expansion® Score in assisting with their lending decisions. Lenders may use your credit file to qualify you and offer you lower interest rates.
How it works
- PayFit Credit Builder is a free service available to all Vision Visa Prepaid Card Cardholders with no need to enroll. You get it automatically.
- Use your Vision Visa Prepaid Card when paying your rent, utilities, cable, wireless telephone or any other recurring bill.
- Vision Prepaid automatically reports the bill payment history to PRBC®, a national credit-reporting agency.
- Your payments are used to build credit file and score that will help you when applying for housing, credit, insurance, and employment.
*Obtaining Your Card: The USA PATRIOT Act is a federal law that requires all financial institutions to obtain, verify and record information that identifies each person who opens a Card Account. What this means for you: When you open a Card Account, we will ask for your name, address, date of birth and other information that will allow us to reasonably identify you. We may also ask to see your driver's license or other identifying documents at any time. “Guaranteed Approval” is contingent upon successfully passing this mandatory identification confirmation.
These Cards are issued by The Bancorp Bank pursuant to a license from Visa U.S.A. Inc. and may be used wherever Visa debit cards are accepted. The Bancorp Bank; Member FDIC.
9The Bancorp Bank is not affiliated in any way with this product and does not endorse or sponsor this offer.
About PBRC
PRBC (www.prbc.com) is a subsidiary of MicroBilt Corporation. PRBC is an FCRA compliant credit repository established to serve
the approximately 100 million US consumers lacking a traditional credit history. PRBC offers the PRBC Report with FICO® Expansion®
Score, a consumer credit file and score based on a consumer's history of making rent and other recurring bill payments. The PRBC
report with FICO® Expansion® Score provides business with the credit file and score necessary to demonstrate a consumer's
creditworthiness when applying for housing, credit, insurance, and employment.
A PRBC Report with FICO® Expansion® Score is made available and utilized by lenders for "permissible purposes" under the Fair Credit Reporting Act to evaluate applicants. Lenders such as Ford Motor Credit, Chrysler, HSBC, and many others utilize the FICO® Expansion® Score in assisting with their lending decisions.