Subscribe
Sign in
StellarFi — Build the credit you deserve with the bills you already pay
StellarFi is the only product that reports unlimited bill payments to the 3 major credit bureaus. Use bills like Netflix, utilities, or rent to quickly build a positive payment history and overhaul your credit. We’re on a mission to make credit universal. 🪐
122
Replies
Really love the concept: building credit by using bills you already pay. Simple and powerful. I think this service could be extended along some useful lines to include complementary services.
I tried the app... onboarding process was simple. Glad to see Stellar leveraging Plaid for connecting to all my accounts. The concept of a credit simulator is interesting. Received an error when simulating one specific scenario, but otherwise worked great in modeling different actions. Powerful tool with lots of potential.
Will definitely recommend to people I know who are having challenges building credit. Think this could help a lot of people.
@sivori 🙌 A HUGE thank you for taking the time to test some features out and provide your feedback. "Simple and powerful" is the ultimate standard 💪 And you nailed it...complementary services are part of our growth plan to provide radically accessible, holistic financial tools and resources for our members 🚀
What a fantastic idea. Especially in the recession we’re about to hit. Very cool. 😎
@brad_greenwald1 thank you! And yes, excellent point - good credit has never been more important for consumers than it is in the face of inflation and an incoming recession.
@brad_greenwald1 Thanks Brad! Yes, good credit health is key during difficult times.
I struggled with credit throughout college and wish I had something like this earlier. Congrats on the launch team :)
Same, Charlie, SAME 🤣 I could have avoided some rough times! Thank you for the congrats, our awesome StellarFi crew is celebrating today 🚀
@charlie_liao Many of us on the StellarFi crew have had similar experiences and we understand the struggle in figuring out the credit system. Thank you for your support!
@charlie_liao Didn't we all. What I like about what StellarFi is doing is that it's not focused on just helping you when you're struggling. You don't always have loans, but you always have bills. The use not just subscriptions, not just rent, but all your bills show bureaus you're a person worthy of good credit. All people pay bills, regardless if you're struggling or not. Love it.
@zarradlb Congratulations on the launch!! This is some amazing work! All the best :)
Lamine from StellarFi here 👨🚀
Through the course of my life, I’ve gone from refugee to U.S. Marine to financial advisor to startup founder. Along the way, my credit score played a huge role.
I saw that bad credit was often a cause, rather than an effect, of cyclical poverty. Millions of creditworthy Americans are barred from building lasting financial stability because of their credit scores. Plus, existing credit-building options were inadequate at best, predatory at worst.
My team and I built StellarFi to pave a new path. Here’s how we make credit-building radically inclusive:
- StellarFi reports bill payments that people are already making, like Netflix, rent, or their phone bill, to Experian, TransUnion, and Equifax.
- Members don’t have to take on new debt or pay a deposit to build credit.
- Members pay one transparent monthly membership rate, with NO interest fees or surprise charges. Product Hunters can get up to three months free using the promo code on our page!
- Certified one-on-one credit counseling services, financial education resources, credit monitoring, and ID protection are all included at no additional cost.
I can’t wait to see how the world changes when everyone who deserves good credit can actually get it. We’re on deck today to answer any questions you may have! 🚀🚀🚀Use the promo code on our page and three months of StellarFi free after you link three bills.
@zarradlb Awesome work, Lamine! Great product that solves a huge need - excited to watch this grow!
@daniel_baum I appreciate the kind words! It's unreal how fast this one has grown 😅🚀
When the opportunity to join the StellarFi came up, I jumped at the chance. StellarFi’s mission to help open doors to those struggling within the financial system really resonated, as did the excitement of building an innovative product. I am so proud to be a part of this team and of what we built together. Here’s to just getting started!
@gmassanek can’t imagine building StellarFi without you, man! Thanks for throwing all your talent and experience into this project. We are so fortunate to have you on board! 🚀
I was homeless for about 6 months while I was making 96K a year. How? Because I didn't have credit.
My story:
This was in 2015. I was self-employed and didn't have any credit cards except one business credit card. I didn't have W2s. But what I did have was bills I paid every month. The bank didn't care. Even though I had the income I only qualified for an $80K mortgage. That is nothing in Austin. The VA wouldn't even qualify me. So I looked for an apartment.
Austin had a housing shortage at the time, and that gave property managers leverage. Apartments asked for 3 month's rent because I didn't have good credit or pay stubs (remember, I'm self-employed). Texas doesn't protect renters, even ones that pay their bills, from scams like this. As a small business owner, I didn't have an extra $6K ready to drop on rent. I either had to move 1 hour south to find something affordable, or put my name down on a 6-month waitlist that didn't ask for a 3-month deposit -- waitlist it was. I was fortunate to live in a warehouse, shower in a gym, and eat out of my truck for 6 months. I least I had my dog with me.
My story is becoming the norm for many responsible Americans. Like grades in school, a credit score is a bias number. Regardless of your intelligence, or in this case your ability to pay, YOU ARE NOT ENOUGH.
To the team that is pushing back, thank you for helping even the score - pun intended.
@praxedis_pineda wow, that is incredible. Thank you for sharing. Credit (or lack thereof) touches every aspect of our lives, but it especially impacts housing. It's our mission to make sure nobody has to go through a situation like yours because of their credit score.
Also, I'm stealing that pun. 🚀
@praxedis_pineda Thank you for sharing your story. You're right that you're not alone, and the paradox "it takes money to make money" is the same when it comes to credit. We're excited to have you on the StellarFi platform and are happy to support you along your credit journey.
This is a great product that fills a huge need for 1) people to pay bills and 2) for people to build credit. Love the explanations and details provided. Think this is a winner!
Thanks Vicky! I’m glad to see that StellarFi’s purpose and capabilities are clear. We appreciate the kind words!
Thank you Sam! We have a great crew and it's WILD to watch the vision become a reality 🚀
@samwill Thanks Sam! We've got a great team working hard to provide everyone a chance to build their credit!
Orbital