Self Financial

Founded in 2015, Self Financial, Inc. is a financial technology company with a mission to help people build credit and savings, particularly those who are new to credit or have a damaged credit history. The company's flagship product, the Credit Builder Account, is a small installment loan held in a certificate of deposit (CD) that is paid off over 12 or 24 months. As the customer makes timely monthly payments, those payments are reported to all three major credit bureaus (Equifax, Experian, and TransUnion), helping to build a positive payment history. Once a certain savings and payment threshold is met, customers may become eligible for the Self Visa® Credit Card, a secured credit card that uses the CD savings as the security deposit. This model allows individuals to establish a credit history and accumulate savings simultaneously.