J M.

You could never find a better example for why the US credit score system is a debt scam than SELF financial products. The initial credit building account has a predatory fee system right away, consuming 30% of your own money loaned back to you at ridiculously high interest just for the privilege of having them report to the credit masters. Then to make it even more predatory, they offer to let you use the balance of your money to secure a credit card, again for another 30% interest rate for using your own money. This is a disgusting way to take advantage of people trying to just survive and build basic credit for housing, insurance or other necessary things. I'd rather live without and pay cash for what I need than to ever be taken advantage of by this stupid broken predatory system again.