With Kikoff, you get a revolving credit line. Think of it as an ongoing loan that stays open until you decide to close it. Credit cards are a common example.
You activate this line when you buy an item from the Kikoff store on credit. Then, the magic happens ✨. You build credit by paying the item off in low monthly payments.
We designed Kikoff to help you get the most credit growth out of every purchase. Each one is broken down into 5-10 monthly payments, starting at just $2.
Kikoff is NOT a pull on your credit.
We believe in helping you build credit easily so you can reach your financial goals. We don’t check your score, we just help you build it.
Kikoff is an official data furnisher for Equifax and Experian. We report all customers’ monthly payments to them.
Most lenders check two bureaus and mortgage lenders are required to check all three bureaus, so our members are well-covered. We work closely with all the bureaus and are constantly improving our services, so keep in touch for more updates!
Kikoff addresses three factors that determine 80% of your credit score: payment history, credit utilization, and account age.
Payment history (35%) is the single most important factor in your score. It looks at whether you’ve paid past credit bills on time. We report your monthly Kikoff payments to the major credit bureaus. Each one builds your payment history - and your credit.
Credit Utilization (30%) is how much credit you’re using divided by your credit limit. The lower this ratio, the better. Experts recommend below 10%, and the Credit Account gets you utilization as low as 2%.
Account age (10%) is the average age of all your credit accounts. The Kikoff Credit Account never expires, so keeping it open will continue to grow your credit.