Self - Credit Builder

Editor's Review

Self is a comprehensive credit toolkit designed to help users build and manage their credit effectively. Whether you're starting from scratch or looking to improve your existing credit score, Self offers a range of features tailored to your needs. 🚀

Secured Credit Card: One of the standout features is the secured Self Visa® Credit Card. Unlike traditional credit cards, this card doesn't require a credit check, making it accessible to those with low or no credit. You can control your credit limit and build credit with all three major credit bureaus—Equifax, Experian, and TransUnion. Use it anywhere Visa is accepted in the US! 💳

Credit Builder Account: Self also offers a unique Credit Builder Account that helps you build credit and savings simultaneously. Plans start at just $25/month, and on average, users see a credit score increase of 47 points. At the end of the term, you unlock your savings, minus interest and fees. This is a great way to build credit without a hard credit inquiry or credit check. 💰

Report Rent Payments: Another valuable feature is the ability to report your rent payments to credit bureaus at no extra cost. By establishing a positive payment history, you can significantly improve your credit score. Self reports to Equifax, Experian, and TransUnion, and no credit card is required. Plus, you can track your credit score with VantageScore 3.0. 🏡

Credit for Cell Phone and Utilities: For a small monthly fee ($6.95), you can build credit by reporting your cell phone, water, electricity, and gas payments. Self allows you to add up to 5 payments to your TransUnion credit report each month, and you can cancel anytime. This is a convenient way to leverage your regular expenses to improve your credit profile. 💡

Self stands out by providing accessible and practical tools for credit building. With features like no-credit-check secured cards, simultaneous savings and credit building, and rent/utility payment reporting, Self caters to a wide range of users looking to enhance their financial health. Start your credit-building journey with Self today! 🎉

Features

• Secured Credit Card

• Credit Builder Account

• Rent Payment Reporting

• Utility Payment Reporting

• Credit Score Tracking

• No Credit Check Options

• Build Credit History

• Savings Component

Pros

• Build credit without a hard credit check

• Report rent payments to credit bureaus

• Build credit and savings simultaneously

Cons

• Requires monthly payments

• Savings unlocked at the end, minus interest and fees