Introducing Self, the ultimate credit-building app. Self empowers you to easily build credit, track your credit score, and unlock a credit card. Whether you have a low credit score or no credit at all, Self welcomes everyone. Begin building credit by reporting your rent payments for free and establish a 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, significantly boosting your credit score. Expand your credit-building toolkit and unlock new offers and products along the way. Access the Self Visa® Credit Card by meeting the eligibility requirements. Download Self now and take control of your credit journey.
Features of the Self Credit Building App:
- Build Credit by Reporting Rent Payments: Users can boost their credit score for free by reporting their rent payments to all three credit bureaus (Equifax, Experian, and TransUnion). This establishes positive payment history, crucial for credit building.
- Credit Builder Account: The app offers a Credit Builder Account to simultaneously grow credit and savings. Plans start at $25 per month, with savings unlocked at the end, minus interest and fees. No credit score is required, and there's no hard credit inquiry or credit check.
- Credit Card for Credit Builders: Users can work towards a secured Self Visa® Credit Card using the Credit Builder Account. This card helps build credit with all three credit bureaus and is accepted anywhere Visa is accepted in the US. No credit check is required, and users control their credit limit.
- Reporting Bills for Credit Building: Users can further build credit by reporting cell phone, water, electricity, and gas payments for a monthly fee of . They can add up to five payments monthly and benefit from TransUnion credit monitoring and up to $1 million in identity theft insurance.
- Credit Score Improvement: Self Credit Builder Account users starting with a credit score under 600 and making on-time payments can increase their scores by an average of 49 points. This highlights the app's effectiveness in credit improvement.
- Access to Self Visa® Credit Card: Eligibility for the Self Visa® Credit Card requires a Credit Builder Account in good standing, three on-time payments, $100 or more in savings progress, and meeting income requirements. This provides access to a credit card and continued credit building.
Conclusion:
The Self Credit Building App offers comprehensive features to help users build and improve their credit. Reporting rent payments, bills, and utilizing the Credit Builder Account establishes positive payment history and grows credit scores. The app also provides access to a secured Self Visa® Credit Card, building credit with all three credit bureaus. With the potential for a 49-point average credit score increase, the app is a highly effective credit improvement tool. Start your credit-building journey today with Self.
