Self Credit Builder

Self Credit Builder United States Quick Overview

Build credit with a Self plan. Pick a plan, make your payments, and get your money back (*minus interest and fees) at the end. Nice.

What is the Self Credit Builder Account?
It’s a loan in a bank-held Certificate of Deposit (CD) that you pay off in monthly installments.

How does Self build credit?
Each monthly payment gets reported to all three credit bureaus. That builds your all important credit payment history - which makes up 35% of your credit score (Source: FICO®.)

Anyone can be a builder. Here’s how.
We believe that everyone who wants it should have a chance to build their credit. So whether you have bad credit or no credit at all, you can use Self to get on track towards building your dreams.

How it works: Build credit while saving money, starting at $25^ per month.
Step 1: Apply for a Credit Builder Account.
Your money is safe and secure. No hard pull on your credit.

Step 2: Pay off your Credit Builder Account in the specified amount of time.
You can choose the payment term and dollar amount that best fits your budget.

Step 3: Each on-time monthly payment builds credit history and adds to your savings.
Your monthly payments are reported to all three credit bureaus.

Step 4: Unlock your savings.
Once you’ve paid off your Credit Builder Account, your CD unlocks and the money is yours (minus fees and interest).

Self Credit Builder United States Opportunities Overview

Payment history makes up 35% of your credit score (Source: FICO®.) Self can help. By opening a Credit Builder Account and making your monthly payments on time, you can build positive payment history.

Benefits of a Credit Builder Account:
✔ Convenient and available in all 50 states.
Unlike most credit unions, Self is available online and via our mobile app.

✔ Build Payment History & Credit
Self helps you establish payment history, which is key to building credit.

✔ Path to a secured credit card
Unlock access to the Self Visa® Credit Card.

Features:
✔ No hard pull
There is no hard pull on your credit when applying for a Self Credit Builder Account.

✔ Automate payments
Autopay can help you stay on track without worrying about due dates.

✔ Track your credit score
Watch how your score changes over time – at no extra cost.

✔ Reports to all 3 bureaus
Every payment is reported to all three credit bureaus.

✔ Trusted Security
We use 256-bit AES encryption and are a SOC 1 type 2 compliant organization.

✔ Cancel anytime
We know making payments isn’t always easy. That’s why you can cancel at any time and get your savings progress back, minus interest and fees.

Join over 1,000,000 other builders.
Enter your email on Self’s website to start your credit journey now.