Self
self.incYour credit building toolkit. Start the path to financial freedom.
Finance & Fintechcredit-buildingpersonal-financesavingssecured-credit-cardcredit-scorefinancial-inclusion
About
Self is a financial platform that helps users build credit and savings through its Credit Builder Account, a secured installment loan held in a bank-issued CD that reports payments to all three credit bureaus. It also offers the Self Visa® secured credit card with no hard credit check and a rent-reporting feature to further build credit history. Users receive their savings back at the end of the loan term, minus interest and fees.
Problem
People with thin or damaged credit histories struggle to access affordable financial products and improve their credit scores.
For
Individuals with no credit history or bad credit looking to build or rebuild their credit score
How it works
Users open a Credit Builder Account by choosing a monthly payment plan; Self holds the funds in a CD, reports payments to all three credit bureaus each month, and returns the savings minus interest and fees at the end of the term.
Business model
freemium
Status
launched
Company
Self Financial