Credit UX: Starter Loans from Self Lender
Fintech Labs Insights
MARCH 4, 2019
Another more traditional route is a deposit-secured loan. Customers without credit can take a loan secured by their deposit, typically a CD. Users apply for a $500 or $1000 CD-secured loan. Self Lender’s bank partners, put aside the total of all the monthly payments into an FDIC deposit account. But you never know.
12 
Let's personalize your content