They get you to join this "Self Inc" and you put money in there each month, and as you notice as times goes on they are taking money from your account, they send you a credit score every 3 months and then they send you a email about your credit score dropping 50-60 points because you have a few things wrong with your credit rating and drop it lower instead of building it up!! Then you talk to someone by chat and want to close out your account and they tell you what you will be receiving and then when they tell you your money is on its way it's $50 lower than what they are supposed to give you for the saving!! They are stealing money, taking out money from your account and the amount does not add up every month it gets lower and lower!! My suggestion is if you want to save and build your credit score "Do not get these people" to do that cuz they will steal your money!! So if you have it taken out of your bank account each month beware they have your bank info as well!! After you close out your account before the due date to have it took out they will send you a email telling you that they are going to charge you a certain amount plus 5% each day you don't put money in the account "After" you closed out your account that's stealing people's money!! The FTC, Atty General, or whoever else can put a stop to this stealing needs to be contacted and let them know what this Company is doing to consumers!! If they do this to thousands of people look at the money they are taking from each person it's a get rich scheme!! I would not attempt to start this cuz you will definitely lose your money in this "Scam"!! It is a scam to steal people's money little by little!! Build your Credit with something else like a small amount credit card to start and then build it slowly!!
I opened a credit builder account at https://www.self.inc. The website claims to build your credit by creating an installment loan that they add to your credit report, and I make the payments into a CD account for 12 months, or faster if I want. After the payments are made in full, they're supposed to give the money back.
They verify me BEFORE opening the account asking for my address, date of birth and social security number. After everything was verified, they opened an installment loan on my credit report for $1,663. I opened the account on 7/24/2022.
Self Inc. Credit Builder - They Do Not Give The Money Back
Now after I paid off the installment loan, they're supposed to give the money back to me. Because it's not a real loan, they never gave me any money. They just created an installment loan on my credit report for $1,663. After I pay that amount into their CD account, it's supposed to show the installment loan is paid and closed, and they return the money.
After I paid the full amount within 3 months, they don't want to return the money because I think they are running a ponzi. I don't think the money was deposited into a CD account and they don't have the money.
They are telling me that I need to verify my identity to prove my identity and keep the account open. But the account is paid in full and closed already. They're asking me to verify my identity by sending them my bank statements to prove I paid for the installment loan. They want to look through all bank statements for the past 3 months to prove the money came out of my account to pay the installment loan before they give me my money back.
Self Inc. Credit Builder Fake CD Account
This is not how a CD account works. Your identity is verified before you open any type of bank account. You don't have to send bank statements to prove to put money into a CD account to withdraw your money.
I read their reviews too late, and they do this to everyone who pays off the loan earlier than 12 months. That's their trick, they think they won't have to pay the money back until 12 months later because it's a 12 month installment. So if you pay off the loan early, they don't even have the money to give back to you. That's a ponzi scheme.
Self Inc. Credit Builder - Do Not Open An Account Here
They have no problems opening the account for you, but when its time for them to give you your money back, suddenly they pretend like they don't know who you are and you need to take picture holding your ID, send all your bank statements, and other weird stuff they know people won't do. If you refuse to do it, they just keep your money and keep sending you to a page that explains why they're asking for those verification documents. But the page they send you to is about verification documents they might ask you to provide BEFORE opening an account.
I don't get a real response from the company. Just the same pre-written email telling me to send them my bank statements, and a link to the page talking about documents they might require BEFORE opening an account. Stay away from this company. If you need to boost your credit, just ask a friend with good credit to add you as an authorized user to a low balance/paid off credit card. Done.
Self Financial, Inc. Reviews
They get you to join this "Self Inc" and you put money in there each month, and as you notice as times goes on they are taking money from your account, they send you a credit score every 3 months and then they send you a email about your credit score dropping 50-60 points because you have a few things wrong with your credit rating and drop it lower instead of building it up!! Then you talk to someone by chat and want to close out your account and they tell you what you will be receiving and then when they tell you your money is on its way it's $50 lower than what they are supposed to give you for the saving!! They are stealing money, taking out money from your account and the amount does not add up every month it gets lower and lower!! My suggestion is if you want to save and build your credit score "Do not get these people" to do that cuz they will steal your money!! So if you have it taken out of your bank account each month beware they have your bank info as well!! After you close out your account before the due date to have it took out they will send you a email telling you that they are going to charge you a certain amount plus 5% each day you don't put money in the account "After" you closed out your account that's stealing people's money!! The FTC, Atty General, or whoever else can put a stop to this stealing needs to be contacted and let them know what this Company is doing to consumers!! If they do this to thousands of people look at the money they are taking from each person it's a get rich scheme!! I would not attempt to start this cuz you will definitely lose your money in this "Scam"!! It is a scam to steal people's money little by little!! Build your Credit with something else like a small amount credit card to start and then build it slowly!!
Self Inc. Credit Builder Loan FRAUD
I opened a credit builder account at https://www.self.inc. The website claims to build your credit by creating an installment loan that they add to your credit report, and I make the payments into a CD account for 12 months, or faster if I want. After the payments are made in full, they're supposed to give the money back.
They verify me BEFORE opening the account asking for my address, date of birth and social security number. After everything was verified, they opened an installment loan on my credit report for $1,663. I opened the account on 7/24/2022.
Self Inc. Credit Builder - They Do Not Give The Money Back
Now after I paid off the installment loan, they're supposed to give the money back to me. Because it's not a real loan, they never gave me any money. They just created an installment loan on my credit report for $1,663. After I pay that amount into their CD account, it's supposed to show the installment loan is paid and closed, and they return the money.
After I paid the full amount within 3 months, they don't want to return the money because I think they are running a ponzi. I don't think the money was deposited into a CD account and they don't have the money.
They are telling me that I need to verify my identity to prove my identity and keep the account open. But the account is paid in full and closed already. They're asking me to verify my identity by sending them my bank statements to prove I paid for the installment loan. They want to look through all bank statements for the past 3 months to prove the money came out of my account to pay the installment loan before they give me my money back.
Self Inc. Credit Builder Fake CD Account
This is not how a CD account works. Your identity is verified before you open any type of bank account. You don't have to send bank statements to prove to put money into a CD account to withdraw your money.
I read their reviews too late, and they do this to everyone who pays off the loan earlier than 12 months. That's their trick, they think they won't have to pay the money back until 12 months later because it's a 12 month installment. So if you pay off the loan early, they don't even have the money to give back to you. That's a ponzi scheme.
Self Inc. Credit Builder - Do Not Open An Account Here
They have no problems opening the account for you, but when its time for them to give you your money back, suddenly they pretend like they don't know who you are and you need to take picture holding your ID, send all your bank statements, and other weird stuff they know people won't do. If you refuse to do it, they just keep your money and keep sending you to a page that explains why they're asking for those verification documents. But the page they send you to is about verification documents they might ask you to provide BEFORE opening an account.
I don't get a real response from the company. Just the same pre-written email telling me to send them my bank statements, and a link to the page talking about documents they might require BEFORE opening an account. Stay away from this company. If you need to boost your credit, just ask a friend with good credit to add you as an authorized user to a low balance/paid off credit card. Done.