We study chiral symmetry breaking for fundamental charged fermions coupled electromagnetically to photons with the inclusion of four-fermion contact self-interaction term, characterized by coupling strengths α and λ, respectively. We employ multiplicatively renormalizable models for the photon dressing function and the electron-photon vertex which minimally ensures mass anomalous dimension γm = 1. Vacuum polarization screens the interaction strength. Consequently, the pattern of dynamical mass generation for fermions is characterized by a critical number of massless fermion flavors N f = N c f above which chiral symmetry is restored. This effect is in diametrical opposition to the existence of criticality for the minimum interaction strengths, αc and λc, necessary to break chiral symmetry dynamically. The presence of virtual fermions dictates the nature of phase transition. Miransky scaling laws for the electromagnetic interaction strength α and the four-fermion coupling λ, observed for quenched QED, are replaced by a mean-field power law behavior corresponding to a second order phase transition. These results are derived analytically by employing the bifurcation analysis, and are later confirmed numerically by solving the original non-linearized gap equation. A three dimensional critical surface is drawn in the phase space of (α, λ, N f ) to clearly depict the interplay of their relative strengths to separate the two phases. We also compute the β-functions (βα and β λ ), and observe that αc and λc are their respective ultraviolet fixed points. The power law part of the momentum dependence, describing the mass function, implies γm = 1 + s, which reproduces the quenched limit trivially. We also comment on the continuum limit and the triviality of QED. 11.30.Rd, 11.15.Tk Since the works of Maskawa and Nakajima as well as the Kiev group [1], it is well known that quenched quantum electrodynamics (QED) exhibits vacuum rearrangement, which triggers chiral symmetry breaking when the interaction strength α = e 2 /(4π) exceeds a critical value α c ∼ 1. α c was argued to be an ultraviolet stable fixed point defining the continuum limit in supercritical QED. Although these works were carried out for the bare vertex in the Landau gauge, principle qualitative conclusions were later shown to be robust even for the most general and sophisticated ansätze put forward henceforth for an arbitrary value of the covariant gauge parameter, see e.g., [2][3][4][5]. Bardeen, Leung and Love [6] demonstrated that the composite operatorψψ acquires large anomalous dimensions at α = α c . In fact, the mass anomalous dimension was shown to be γ m = 1, leading to the fact that the four-fermion interaction operator (ψψ) 2 acquires the scaling dimension of d = 2(3 − γ m ) = 4 instead of 6, and becomes renormalizable. This is an example of when an interaction which is irrelevant in a certain region of phase space (perturbative) might become relevant in another (non perturbative). Consequently, the four-fermion contact interaction becomes mar...