What is Self Financial Inc. Self App?
Self Financial Inc. is a technology company that helps people build and establish their credit history through a unique credit-building product called the Self App. The Self App was created with the purpose of helping people improve their credit scores and reach their financial goals.
The Self App works by offering a credit-builder account where users pay a monthly amount ranging from $25 to $150. The payments are reported to the three major credit bureaus - Equifax, Experian, and TransUnion - which then helps users establish and improve their credit scores. With regular payments, users can build their credit history and eventually qualify for better financial products like loans, credit cards, and mortgages.
In addition to its credit-building product, Self Financial Inc. offers educational resources on financial literacy to help its users understand credit and personal finance. The company also offers a free credit score and credit monitoring service to help users keep track of their progress and watch for potential fraud.
Founded in 2015, Self Financial Inc. has quickly grown into a trusted financial technology company, with thousands of satisfied users and positive reviews for its credit-building product. With the Self App, the company is committed to helping people improve their financial lives and achieve their long-term financial goals.
Frequently Asked Questions about self financial inc. self app
Flexible credit requirements - Self is designed to help consumers improve their credit, so you can qualify even if other lenders have turned you down. Low monthly payments - You'll only have to pay the monthly amount you've chosen, which can be as low as $25, with interest taken out of the money you've saved.
Self Financial is formerly known as Self Lender. The startup was founded by Conor Swanson and James Garvey in 2015 and is based in Austin, Texas.
CEO James Garvey founded Self in 2015 after making a mistake with automatic payments on his credit card. By the time he caught it, his credit score had tanked. In searching for a way to rebuild his credit, he saw some of the challenges faced by the more than 100 million Americans with low or no credit.
Lead Bank
Lead Bank is the financial institution that approved your loan. Self, the fintech partner, services your loan but Lead Bank reports your loan to the credit reporting agencies. This is why Lead Bank may appear on your credit report.
Yes, you can view Self as a way to save money and build credit, but if you want to save money, Self is far from the best savings account. You can also find better secured credit cards than the Visa secured card that Self offers. The best secured credit cards come with no annual fee, better APRs, and even some benefits.
You do not receive funds until after your loan matures and/or after all loan payments have been completed. Please note - once an account has been completed, funds will typically arrive within 10-14 business days via either check or direct deposit, depending on the payout method you selected.
self-financed; self-financing; self-finances. 1. transitive : to raise or provide funds or capital for (something) oneself : to finance (something) oneself. Sherzan self-financed much of his primary campaign, putting in more than $640,000 of his own money. Kathie Obradovich.
James Garvey
James Garvey is the CEO and Founder of Self Financial.
James Garvey
James Garvey | CEO and founder - Self Financial, Inc.
2 million customers
“Since our original investment, Self has helped millions of people build credit and this latest round will enable them to scale their team and products to help millions more.” Self has helped more than 2 million customers so far.
A Self loan is different from other types of loans. Since the Self Credit Builder is intended to help you build credit, you do not get the money until the end of your account (minus interest and fees). To be clear, you do not get the money up front.
You do not receive funds until after your loan matures and/or after all loan payments have been completed. Please note - once an account has been completed, funds will typically arrive within 10-14 business days via either check or direct deposit, depending on the payout method you selected.
You do not receive funds until after your loan matures and/or after all loan payments have been completed. Please note - once an account has been completed, funds will typically arrive within 10-14 business days via either check or direct deposit, depending on the payout method you selected.
Self is a financial technology company with a mission to help people build credit, particularly those who are new to credit or who might not have access to traditional financial products.
While you don't legally need a business bank account if you're self employed, it's strongly suggested that you open one.
Cash advances are not available on the Self Visa ® Credit Card. Instead, buy something directly using your Self card anywhere in the U.S. Visa is accepted, then pay your credit card balance by the due date.
