Jul 19th, 2020
What is a credit builder loan?
A credit builder loan is an installment loan that exists for the sole purpose of helping build a positive credit history.
The main difference between credit builder loans and a more traditional loan (like a personal loan) is that you don't get the money until you've finished making every loan payment.
By holding onto the loan funds as you make regular payments, the lender is able to reduce its potential loss should you prove unable to make your payments.
What is Self.inc
Self is helping thousands of people begin their financial journey with a credit-builder account. Self.inc understands that building a financial foundation is a daunting task for most people, so Self.inc is dedicated to building a product that will help their customers move two steps in the right direction.