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03-27-2018, 10:36 AM #21
- Join Date
- Nov 2013
- Posts
- 598
Anyone heard of "Self Lender"?
Its a credit building program similar to a secure credit card but in actuality is a loan program that you are both the lender and borrower. It works like this, you pay a monthly fee, that fee goes into a savings account, and towards the end of the year you get your funds returned plus a small interest. This builds installment loan history for a client that has thin credit.
I haven't worked with this company but found that approach interesting.
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