The same has happened to me too. Strangely, when they say my credit report has been updated, the most recent update I see is from last month. I think Self-Lender is a month behind in their updates. YMMV. ¯\_(ツ)_/¯ 
@Anonymous wrote:The same has happened to me too. Strangely, when they say my credit report has been updated, the most recent update I see is from last month. I think Self-Lender is a month behind in their updates. YMMV. ¯\_(ツ)_/¯
Same. My latest update is in the credit score box and it's dated July 22, but it's been there since the day I opened my account - July 22, 2018. It seems really weird that with all the credit monitoring I have, SL is the only one to notify me of a "change in my credit history". They didn't say a change to my score. The email alluded to a change in my history and told me to log in if I wanted to see more.
Nothing has changed, though. It's so strange.
I'm terrified of Self Lender now. I just read BBB reviews and several threads here at MyFico, and people seem to be having one heck of a time with getting this company to report for them. They aren't due to start reporting for me until September of next month, but I'm afraid they won't. 
Self Lender is good at what they do which is provide a means for people to get a secured installment loan to help out their credit profile and build a credit history.
A lot of their customers I would think are not as credit savvy as regular myFICO forum members and probably found Self Lender looking for ways to improve their credit score but have not stumbled onto the myFICO boards. For these folks, this is what they have for credit monitoring, albeit, not timely and a month late.
Self Lender is usually a day late and a dollar short! YMMV
I've been with them 4-6 months. At least they report. The alerts and scores aren't worth much if u use CK or other sites. Debated paying it off in full but figure let it age and I will get history.
This is true... but then again, that's the entire basis of their product. They make money on people who have bad/limited credit by charging interest on a loan with funds locked away in a CD. This is a great business model, so I'm not complaining whatsoever, but the thing is... they're obligated to report at this point since that's the entire selling point behind their product. Otherwise, it would make no sense to take out a loan, put it in a CD, and then pay the lender more in interest than the CD will generate before it reaches maturity. We are basically paying Self Lender (or the bank they partner with, rather) to report for us. That's the bottom line. 
@Anonymous wrote:I've been with them 4-6 months. At least they report. The alerts and scores aren't worth much if u use CK or other sites. Debated paying it off in full but figure let it age and I will get history.This is true... but then again, that's the entire basis of their product. They make money on people who have bad/limited credit by charging interest on a loan with funds locked away in a CD. This is a great business model, so I'm not complaining whatsoever, but the thing is... they're obligated to report at this point since that's the entire selling point behind their product. Otherwise, it would make no sense to take out a loan, put it in a CD, and then pay the lender more in interest than the CD will generate before it reaches maturity. We are basically paying Self Lender to report for us. That's the bottom line.
Self Lender and Austin Bank are two different identities. Austin Bank is who reports on the tradeline, not Self Lender. I see your point but not sure of the exact relationship between Self Lender and Austin Bank other than it is a "strategic partnership".