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Also Self Lender thinks that their product is simple enough for everyone to use.
What makes Self Lender an interesting firm to consider is how close it came to dying.
Self Lender doesn't claim that its information is predictive, other outside groups say that it is predictive.
Former Disrupt Battlefield participant Self Lender has raised a $1.5 million round of seed capital from Silverton Partners, who wrote the full check.
I spoke to the founding team about the product, and how long it would take to use Self Lender to effect a positive change to your credit score.
Users can pay back from between $25 and $250 per month over their selected payment period, making it more economical to use Self Lender if you borrow more.
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This would start with the abolition of zaito, making the public lenders self-financing and combining zaito's myriad special accounts and corporations with the government's general account.
Perhaps they knew something others did not.Indeed, the woes of the subprime lender are mostly self-inflicted.
A lender offering controversial self-certification mortgages – a type of home loan banned by the City regulator – claims more than 4,000 potential borrowers have registered their interest following its launch on 18 January.
"What we have is different lenders assessing self-employed company directors in different ways," says John Yerou, managing director of Freelancer Financials, a specialist mortgage brokerage service.
Mark Prisk told mortgage lenders that self-built homes should be considered as one way to boost the UK housing market.
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