Self Lender can be a way to build your credit history while you save. Self Lender is great for helping people interested in personal finance and their financial health, even people with a low or no credit score! Many people focus only on repairing their credit when they could also be building credit history with Self Lender.
Finally, a budget friendly way to help you build credit history and save money.
Over 175,000 people have built their credit and saved $140 million using Self Lender. Ideal for those who want to build credit while they save.
So, how does it work? Think of it as a savings plan that builds credit. You choose a plan that meets your budget (starting at $25/month) and the length of the term (12 or 24 months). As you make payments over the term, you're repaying a small loan that is held in a certificate of deposit (“CD”) in your name. Each month, your payments are reported to all three credit report bureaus. At the end of the term, you've paid off the loan and your CD unlocks with your money. For Example a $545.00 Credit builder account, paid 12 times over one year would have a monthly payment of $48.00, and an Annual Percentage Rate of 15.65%.
● HELPS BUILD CREDIT
With an active credit builder account, your payments are reported to all three credit bureaus.
● CREDIT MONITORING INCLUDED
Love credit monitoring? With Self Lender you can check your credit score and get credit monitoring at no cost with real-time credit alerts. The mobile credit tracker! *
● NO CREDIT
Unlike an inquiry when you apply for a credit card, Self Lender does not do a “hard pull” credit check when creating an account. In fact, no credit score is required at all!
● SECURE ACCOUNTS
All accounts are held with one of our bank partners and the CD is in your name. Our systems use measures like two-factor authentication, 256-bit encryption, and fraud detection.
● WHY TRUST SELF LENDER?
- Used by hundreds of thousands of people to build credit history
- Featured on ABC News
- Featured in USA Today
- Featured in Bloomberg News
- Featured in Newsweek
- Featured in TechCrunch
- Featured in American Banker
- Featured in NerdWallet, CreditCards.com and Credit Karma
Many people focus only on repairing their credit when they could also be building credit with Self Lender.WHY PEOPLE LOVE SELF LENDER
“Love love love this program and this app! In eight months my credit went up a hundred and nine points. Super happy and can't wait to renew once the first year is up” - customer Debbie G. Individual results may vary.
“I recently moved to the states and had no established credit. Using this service along with two prepaid credit cards, my score went from 4 - 710 in 9 months. I took a 12 month term with only $50 payment per month but I'm already thinking about applying for a larger Self Lender loan as soon as this completes to further build my score and save at the same time” - customer Neil M. Individual results may vary.
“Easy way to take control of your credit” - customer Rafael M. Individual results may vary.TELL US WHY YOU LOVE SELF LENDER TOO!
Contact us at email@example.com, via chat on the website at https://www.selflender.com/contact or via your favorite social channel: Instagram
*Credit scores and credit monitoring will only be available to customers who our third-party vendor is able to validate.