If you’re looking to build credit or even establish credit, a secured loan is a great way to start. With a secured loan, you can secure your loan with money on deposit in an Alabama Telco savings account, an Alabama Telco Certificate of Deposit or with any stock you own that is listed on the NYSE, NASDAQ or AMEX. As you pay off your loan, the funds in your savings or CD account will become available to you again. Your stock will become available again once the loan is paid off completely. The best part is you continue to earn interest!