Self (formerly Self Lender) is a financial tech company with a mission to help people establish, rebuild, and strengthen credit especially for those who may not have access to traditional financial services. Self helps thousands of people build credit or raise credit scores with the help of a credit-builder account.
Self Credit Builder Account
Self offers a Credit Builder Account which is an installment loan that enables borrowers to build positive repayment history by making on-time payments while saving money at the same time. Your on-time payments on the credit builder account will be reported to all 3 major credit bureaus and can help raise your credit scores.
You do not need a cosigner to get a credit-builder loan with Self (former Self Lender) and requires no upfront money.
Self Credit Builder Account Features
- Credit history not required
- No cosigner needed
- Reported to all 3 major credit bureaus
- No prepayment fees
- Save money into a certificate (CD) while rebuilding credit
- FDIC insured savings