Repayment of loan
Self accepts bank account or debit card payments. The company doesn't have an option of paying with paper checks. To make a payment, a customer should set up an autopay or make one-time payments.
Manual payments via bank account or debit card. If you've decided to pay with this option, log into your account through the app. Click Credit Builder at the bottom, then Make a payment. You'll need to enter the amount you want to pay in the Payment amount field. Click Review payment and check the details. After tapping Confirm payment, your payment will be processed.
Automatic payments. To set up automatic payments, open the Self mobile app and log into your account. Click Credit Builder, then tap the arrow Autopay. Switch the autopay on, then check if the payment method is correct. Set the autopay date.
To make auto payment of the Self Visa Credit Card, you will need to log into your account and tap Self card. Choose Autopay and switch it on. After you've made sure the payment details are correct, set the date of automatic payments.
Early payoff
The Self customers can make early payments. Self warns that paying a few days earlier won't hurt the credit score, and the customers can pay up to one month in advance without a negative effect. However, if you make over one extra payment, it will shorten your repayment plan, and this can affect your credit.
There is a 15 days window after the due date for the customers can make payments without a fee, and 30 days after the due date before the late payment will be reported to the credit bureau.
