Stellar | Building Credit | Pay Bills | Fintech
Stellar is on a mission to offer building credit to the 132 million Americans who now have low credit or no credit, led by CEO Lamine Zarrad, who previously launched Joust, a neobank for independent professionals that was bought by ZenBusiness in 2020. Users may utilize their regular expenses and payments, such as rent and utilities, to improve their credit ratings, which Stellar sends directly to the three major credit agencies.
Users will be able to obtain incentives and cashback to apply straight to their associated bills, keeping more money in their wallets, in addition to credit development and bill consolidation within the app.
This is how Building Credit with Stellar works.
- Create an account and link your bank account.
In less than two minutes, you may create a profile and link your bank account. - Connect your accounts and pay your invoices
They’ll pay your invoices on time if you consolidate your accounts with Stellar. - Improve your credit score
Each month, Stellar will send you a report with your repayment history and account balance.
Safe and secure at all times
- 256-bit AES encryption
To protect your data, they employ the most modern security methods and bank-grade encryption. - Tokens in the digital realm
They do not save any of your financial information on our servers. Instead, they store a collection of random digital tokens that represent your bank account. - Accounts that aren’t real
To pay your expenses, secure your privacy, and safeguard your actual data, they utilize Stellar virtual cards.
Benefits
- Credit Age
Keep your line active for as long as you have an account with Stellar to build credit age. - Use of credit
Stellar raises your line of credit with each additional connected bill, allowing you to maximize your credit use. - Payments made on time
To ensure that your bills are always paid on time, use Stellar to pay them.
In essence, Stellar Pays Your Bills, So You Can Build Credit. With Stellar your bills are paid on time and on your terms.
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