No doubt a Self Account is of great help. But at times, you are compelled to give up your account. Now the question arises how to cancel Self Account. If you are facing problems in canceling your account, don’t fret; this article walks you through the ways of canceling the same. Stay connected to know the different ways and methods.
A Self account is designed to help individuals establish or improve their credit scores. Unlike traditional credit cards or loans, it works by allowing users to make monthly payments into a secured savings account rather than borrowing money upfront.
In case you have made up your mind and want to cancel your account, here is how to cancel Self account by following the methods mentioned below.
How To Cancel Self Account?
You can cancel your self-account through different methods, it is a straightforward message once you’re familiar with the procedure and aftermath. Here, I have provided you with a step-by-step guide to assist you in this cancellation process.
How to Cancel Self Account Via Phone Call?
To cancel Self Account via phone call, follow these steps:
- Prepare Your Information – Before calling, have your account details ready, including your name, account number, and any security information required for verification.
- Call Self Customer Support – Dial Self’s customer service number, 877-883-0999. Their support is usually available during business hours.
- Request Account Cancellation – Inform the representative that you want to close your Self account. They may ask for a reason and offer alternatives, such as pausing payments instead of canceling.
- Confirm Outstanding Balances – If you have remaining payments, you may need to complete them before cancellation. Any saved funds will be returned to you after deducting applicable fees.
- Get Confirmation – Ask for written confirmation of the cancellation via email or mail to ensure the process is complete.
Always verify any final payments and credit reporting updates after cancellation. Your account will close at 11 PM CST on the same day. In order to check your payment status, a payout tracker will appear on your dashboard within 24 hours.
Also, read How To Cancel ScoreSense Membership
How to Cancel Self Account Via Website?
To cancel your Self Credit Builder Account via the website, follow these steps:
- Log in to Your Self Account – Visit Self Credit Builder Account website and sign in using your registered email and password.
- Navigate to Account Settings – Once logged in, go to the “My Account” or “Settings” section, where you will find options related to your Credit Builder Account.
- Select “Close Account” – Look for the cancellation or closure option and follow the on-screen instructions.
- Confirm Your Request – Self may ask you to confirm your decision and review any outstanding balances or potential refunds before proceeding.
- Wait for Processing – Once submitted, Self will process your request, and your account will be closed. Any saved funds (minus fees and interest) will be returned to your linked bank account.
Also, read How to Cancel OCBC Credit Card
Wrapping Up
It is easy to cancel your Self Credit Builder Account, but it’s essential to understand the implications of doing so. To cancel, you simply log into your Self account, navigate to the account settings, and follow the prompts to close the account. You can also reach out to Self’s customer support for help.
If you cancel before completing the full term, you will not receive the full loan amount, and early closure may affect your credit report. Any payments made, however, will still show up at the credit bureaus. Before you decide to cancel the program, you may want to consider if completing it will help your credit score in the long term. If you really need to cancel it, you had better have a plan for when your score will maintain or increase.
Frequently Asked Questions
Will cancelling my Self account impact my credit score?
Cancelling might impact your credit score if the account is your only active credit line, but the payment history will be there for up to 10 years.
Do I get my money back if I cancel early?
Yes, you will get the amount paid so far, minus fees and interest. However, you’ll only get that if you don’t have any outstanding charges.
Can I reopen my Self account after cancelling?
You can apply for a new self-account afterward. However, there is a possibility that your credit building will be restarted from scratch.
Divya Jyoti is an experienced content writer with a passion for creating impactful content. With over five years of experience, she focuses on keyword research, content strategy, and delivering high-quality writing across diverse platforms.