Self Lender App Reviews. If you can afford to do both a secured credit card and self lender, you may want to consider doing. With the self visa® secured credit card, you have even more opportunities to build credit after you.
It is important however that you understand how self works regardless of how amazing the app may be. During the term, you make fixed monthly payments which include applicable interest charges. I do recommend this if you have no credit history with anyone.
I think that self lender or self, as they call themselves now can have a few benefits for some people but it has also drawbacks.
For me, the main negative would be the fees. Member fdic, equal housing lender or atlantic capital bank, n.a. It is important however that you understand how self works regardless of how amazing the app may be. However, the credit building loan is the real meat and potatoes of self.
