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Trying Out SelfLender.com

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Anonymous
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Trying Out SelfLender.com

After it was very hard for me to get approved for a car loan last October (first loan), I decided to further diversify my credit and signed up for SelfLender.com's credit builder loan in February ($25/month).

 

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Anonymous
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Re: Trying Out SelfLender.com

Do you know what kind of score that is?  For example is it a FICO score or (more likely) a Vantage score?

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Anonymous
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Re: Trying Out SelfLender.com

Self Lender provides an Experian Vantage score
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Anonymous
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Re: Trying Out SelfLender.com

Thanks 9Ball.

 

Krissi, that boost to your score doesn't mean much, because it was a Vantage score, and almost no lenders or CC issuers use those in making decisions.  Instead most lenders use FICO scores.  I encourage you to pull your three FICO 8 scores and use those as a benchmark.  You can get those for the $1 trial offer at Credit Check Total.

 

When you get close to paying that off, we have a similar but in our view better option called the Share Secured Loan Technique.  That is well tested with FICO 8.

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