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  • Writer's pictureThe Credit Laboratory - Research Team

Save Money & Build Credit At The Same Time

Updated: Feb 20, 2021

Have you been getting denied for credit because you have no credit, bad credit, or rebuilding your credit? Are you just out of a bankruptcy and having a hard time starting over? I bet you're thinking how can I build my credit if I keep getting denied for everything I apply for? The answer is simple get a Self Lender account today. Why do you need a Self Lender account?

With a Self Lender account you will be able to build your credit while you save. How awesome is that? You choose the amount that you would like to save each month. You also get to choose your terms, 12 months or 24 months. At the end of your account term you will get your money back in the form of a check.

Self Lender also reports to ALL 3 credit bureaus and will not result in a hard credit pull. If you don't have any credit history available, that's okay, you're approved too!!! Self Lender is a great starter account and when it is first opened it will appear as an installment loan but after you have saved $100 you can use that towards opening up your very own secured credit card.

Did you know that credit utilization is 30% of your credit score which could be about 165 points. So not only will Self Lender help you build credit by providing you with an installment loan but you will also begin to gain some of the points you may be missing in the credit utilization category.

If you are in the beginning stages of building your credit or you're stuck and need a little push join our Facebook Group - Credit Repair Help Group - You can find letters, dispute tactics, credit building suggestions, and support. Join us today!!!

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