Cancelling your Self account is easier than you might think. Whether you’re no longer building credit or want to try something new, you can close your account with just a few simple steps. Here’s a guide to help you through the process.
How Does the Self Account System Work?
Self offers products designed to help you build credit, like a secured credit card and credit builder loans. These products report to major credit bureaus like Equifax, TransUnion, and Experian. The goal is to improve your credit score over time. Self’s system lets you manage your subscriptions, payments, and settings with ease.
The platform works on a subscription basis, with flexible billing periods. You can track your payment method and other subscription details in your account settings.
Steps to Close Your Self Account
Here’s how to cancel your Self account in just a few steps:
- Log into Your Self Account: Start by logging into your account on the Self website or mobile app.
- Go to Subscription Details: Once logged in, head to the “Subscription” or “Billing” section. Here, you’ll find your payment method, billing period, and other details.
- Cancel Your Subscription: In the account settings, you’ll see the option to close your account. Confirm your decision.
- Settle Any Payments: Before closing your account, make sure all your payments are up to date. Double-check for any overdue or late payments.
- Contact Support (if needed): If you have questions or run into issues, Self’s customer support can guide you through the cancellation process.
Related article: How to Cancel Your Resume Now Subscription: A Complete Guide.
Can I Cancel a Scheduled Credit Builder Payment Before It’s Processed?
Yes, you can cancel a scheduled payment before it’s processed. You can change your payment method or cancel the transaction through your account settings. If you need help, Self’s customer support is available to assist you.
Are There Any Fees for Closing Your Self Account Early?
Self does not charge fees for closing your account early. However, if you have a prepaid subscription plan, like a credit builder loan, you may not get a refund for unused months. Always check your subscription details and review your billing period before closing your account.
What Happens After You Close Your Self Account?
After you close your Self account, any active subscriptions will stop. The credit builder loan will be paid off, and your secured credit card will be deactivated. Your credit-building activity will no longer be reported to the credit bureaus, which could impact your credit score.
Also Read : How to Cancel Orangetheory Membership: Step-by-Step Guide & Alternatives.
Conclusion
Cancelling your Self account is a simple process. Just make sure all your payments are up to date and that you fully understand the impact on your credit score. Once your account is closed, you won’t have access to Self’s credit-building products.
Commonly Asked Questions
How do I cancel my Self subscription?
To cancel your Self subscription, log into your account and go to the “Subscription” section. From there, you can close your account. Be sure to review your billing and payment details before proceeding.
Will I get a refund if I cancel my Self subscription early?
Self typically doesn’t offer refunds for prepaid subscriptions. However, there are no fees for canceling early. You’ll only be responsible for payments made up until the point of cancellation.
How does closing my Self account affect my credit score?
Once your Self account is closed, your credit-building activities will stop. This means payments won’t be reported to credit bureaus anymore, which could affect your credit score.
Can I reopen my Self account after canceling it?
If you decide to reopen your Self account, you’ll need to create a new one. Your previous account’s credit history won’t carry over.
How long does it take to close my Self account?
Once you’ve initiated the cancellation, it may take a few business days for your account to be closed. You’ll receive a confirmation email once the process is complete.
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