https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Self-Lender/m-p/5530588#M582795 <P>I'm about to get my discharge from Ch7 so looking into my options to rebuild.&nbsp; Just so I understand what SelfLender is.&nbsp; It's basically a secured loan?&nbsp; It's secured with the loan amount itself?&nbsp; I like the idea so just curious.</P><P>&nbsp;</P><P>&nbsp;</P><P>&nbsp;</P> Fri, 08 Mar 2019 03:43:40 GMT Anonymous 2019-03-08T03:43:40Z https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Self-Lender/m-p/5530588#M582795 <P>I'm about to get my discharge from Ch7 so looking into my options to rebuild.&nbsp; Just so I understand what SelfLender is.&nbsp; It's basically a secured loan?&nbsp; It's secured with the loan amount itself?&nbsp; I like the idea so just curious.</P><P>&nbsp;</P><P>&nbsp;</P><P>&nbsp;</P> Fri, 08 Mar 2019 03:43:40 GMT https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Self-Lender/m-p/5530588#M582795 Anonymous 2019-03-08T03:43:40Z https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Self-Lender/m-p/5530874#M582810 <P>If you have no other installments it is a good credit rebuild program. They place an amount in an account. Once you pay off the account. Then you get the $. If you already have an installment loan. It wont do much good score wise. It would help by showing on time payments in that regard. FICO likes 3 revolvers and 1 installment for best scoring advantages. Good Luck!</P> Fri, 08 Mar 2019 09:12:25 GMT https://ficoforums.myfico.com/t5/Rebuilding-Your-Credit/Self-Lender/m-p/5530874#M582810 FireMedic1 2019-03-08T09:12:25Z