But it doesn't work like traditional secured cards that require a security deposit and allow you to make purchases up to the credit limit. Instead, funds from your Sesame Cash debit account are used to set your credit limit, and select purchases from this card help build your credit history.

At the end of the month, Sesame Cash pays the credit line, using the funds in your account, in full and on time. It then reports your on-time payment to the credit bureaus, improving your credit score over time.

Credit Sesame is a free personal financial management tool. Credit Sesame specializes in tracking and monitoring the financial debts of each user. The company will provide recommendations to its user on how to lower their debt best.

Our Credit Builder allows you to build your credit without needing an up-front security deposit. By using your Sesame Cash card for daily purchases, you can establish a positive payment history reported to all 3 credit bureaus.

Two ways Credit Builder can help build your credit: On-time payment is a crucial aspect of building your credit score. At the end of each month, you can pay your monthly balance with the money in your secured account and we'll report your monthly balance paid in full to the major credit bureaus².

Sesame Credit gives users a score based on five dimensions of information: personal information, payment ability, credit history, social networks and behaviors. Some are more objective than others.

Credit Sesame is a valuable tool if you are looking to understand and easily access your credit score and credit report information. If you're looking for something that also monitors your identity, you may want to look for a different solution, such as Allstate Identity Protection.

Credit Builder offers features that help you stay on top of key factors that impact your credit score. That means that the consistent use of Credit Builder can help you build payment history, increase the length of your credit history over time, and more.

Credit builder loans help you build credit by reporting monthly payments to the three credit bureaus - Experian, TransUnion and Equifax. Payment history accounts for 35 percent of your FICO score, so timely payments boost the amount of positive activity reported in your credit profile.

Credit-builder loans allow you to take on a small amount of debt and demonstrate that you're a reliable borrower. Making regular on-time payments toward a credit-builder loan may help you establish a history of positive credit behavior.

The primary factors that affect your credit score include payment history, the amount of debt you owe, how long you've been using credit, new or recent credit, and types of credit used.

By using your Sesame Cash card for daily purchases, you can establish a positive payment history reported to all 3 credit bureaus. Our Credit Builder open credit system is designed to encourage responsible usage which helps to increase your credit score.