Introducing Self Is For Building Credit, the ultimate credit building app. With Self, you can easily build credit, track your credit score, and unlock a credit card. Whether you have a low credit score or no credit score at all, Self welcomes everyone. Start building credit by reporting your rent payments for free and establish positive payment history. Grow your credit and savings with the Credit Builder Account, and work towards a secured Self Visa® Credit Card. You can even build credit by reporting your bills and take your credit score to a new level. Expand your credit building toolkit and unlock new offers and products along the way. Download Self now and take control of your credit journey.
Features of Self Is For Building Credit:
- Build Credit by Reporting Rent Payments: Users can grow their credit score for free by reporting their rent payments to all three credit bureaus (Equifax, Experian, and TransUnion). This helps establish positive payment history, which is crucial for building credit.
- Credit Builder Account: The app offers a Credit Builder Account that allows users to grow their credit and savings simultaneously. Plans start at $25 per month, and users can unlock their savings at the end, minus interest and fees. No credit score is required, and there is no hard credit inquiry or credit check.
- Credit Card for Credit Builders: Users can work towards obtaining a secured Self Visa® Credit Card by using the Credit Builder Account. This card helps users build credit with all three credit bureaus and can be used anywhere Visa is accepted in the US. There is no credit check required, and users have control over their credit limit.
- Reporting Bills for Credit Building: Users can further build credit by reporting their cell phone, water, electricity, and gas payments for a monthly fee of $6.95. They can add up to five payments to their credit each month and also benefit from credit monitoring by TransUnion and identity theft insurance up to $1 million.
- Credit Score Improvement: The app highlights that people with Self Credit Builder Accounts who start with a credit score under 600 and make on-time payments can increase their credit scores by an average of 49 points. This demonstrates the effectiveness of the app in helping users improve their credit.
- Access to Self Visa® Credit Card: To be eligible for the Self Visa® Credit Card, users need to have a Credit Builder Account in good standing, make three on-time payments, show savings progress of $100 or more, and meet income requirements. This feature provides users with an opportunity to access a credit card and continue building their credit.
Conclusion:
Self Is For Building Credit offers a comprehensive set of features to help users build and improve their credit. By reporting rent payments, bills, and utilizing the Credit Builder Account, users can establish positive payment history and grow their credit score. The app also provides access to a secured Self Visa® Credit Card, allowing users to build credit with all three credit bureaus. With the potential to increase credit scores by an average of 49 points, the app proves to be an effective tool for credit improvement. Start your credit building journey today with Self.
