What is Kikoff?

Kikoff is a completely free credit builder.

Kikoff provides you with a free $12 loan which is paid back over 12 months with $1 monthly payments. When you activate your account, Kikoff gives you the $12 in a Kikoff Digital Wallet. A digital wallet is simply a place to hold the $12 – think of it as a Kikoff gift card or store balance. Since Kikoff is interest free, your digital wallet ensures that you will always have enough money to pay off the loan and because our loan is 0-interest and 0-fees – we don’t even ask for your bank account or credit card information.

Each time you make your monthly $1 payment, we report the payment to the credit bureaus. Each $1 payment builds your credit history and builds positive financial habits.

Does $1 per month really work?
Yes! Payment history makes up 35% of your credit score – it is the single most important factor. Each $1 monthly payment is considered a positive on-time payment. The size of your payment isn’t an important factor, that’s why Kikoff’s $1 payment can be just as effective as a much-larger credit card or auto loan – but with none of the risk.
Do I need to attach my credit card or bank account?

No, you do not need to attach your credit card, bank account, or any form of external payment information. Kikoff is 100% free to use. You do not need to pay back the $12 loan from your personal money.

How does this work? When you activate your account, Kikoff provides you with a $12 loan in a Kikoff Digital Wallet. A digital wallet is simply a place to hold the $12 – think of it as a Kikoff gift card or store balance. Since Kikoff is interest free, your digital wallet ensures that you will always have enough money to pay off the loan!

Is Kikoff considered a pull on my credit?

Kikoff is not considered a pull on your credit – neither a ‘soft’ pull nor a ‘hard’ pull.

Credit pulls occur when a lender checks your credit before making a lending decision or background check. Kikoff does not use your credit score to underwrite the $12 loan; instead, we only show you your credit score after, as a confirmation of your installment payment.

How long will it take to show up on my credit report?

It can take up to 6 weeks for Kikoff to show up on your credit report, depending on when in the month you signed up.

Kikoff reports your $1 payment to the credit bureaus once a month, at the end of the month. From there, it can take 1-2 weeks for your payment to be processed by the bureaus before you’ll see it show up on a credit report. Also note that each bureau’s processing times can vary – you might see your score on your Experian report before your Equifax report, or vice versa.

For example, if you made a $1 Kikoff payment on August 5th, we will report this payment on August 31st, and you can expect to see it on your credit reports sometime between Sept 1st and September 15th. Kikoff will send you an email once your new score is available on If you use a credit monitoring service, such as Credit Karma, you might notice your score available here a few days before it is available on

Does Kikoff report to Experian, Equifax and Transunion?

Kikoff is an official data furnisher of the three major credit bureaus: Experian, Equifax, and TransUnion.

Experian: we report all customers’ monthly payments

Equifax: we report all customers’ monthly payments

TransUnion: reporting is only available for ‘new to credit’ customers at this time – that means customers who have no prior credit history. This criteria is part of our TransUnion agreement and unfortunately we are not able to change or update this decision.

What type of loan is this?
Kikoff is considered an ‘unsecured personal installment loan’. This is the best type of low-risk loan for building credit. Let’s break down what this means:
  1. ‘Unsecured’ simply means that you aren’t putting down any type of asset or collateral in exchange for the loan. For example, a house or a car.
  2. ‘Personal’ means it can be used for any personal reason and isn’t tied to a specific purpose. Unlike, say, a mortgage loan which is specifically for a house.
  3. ‘Installment’ means it is paid back with fixed payments — or installments — over a period of time, or term. Terms can be as short as two weeks or as long as 30 years. Your Kikoff loan term is 12 months.
What states is Kikoff in?

Kikoff is currently available in 40 states, and we are working hard to be available in all 50! We are only available in the US at this time.

We currently do not offer our services in the following US states: Delaware (DE), Indiana (IN), Idaho (ID), Louisiana (LA), Maine (ME), Mississippi (MS), Nevada (NV), North Dakota (ND), Rhode Island (RI) and South Dakota (SD).

If we are not in your state yet, you can join our waitlist by signing up and entering your address. Please note you won’t be able to use Kikoff, but you’ll automatically join the waitlist.

Do you have an app?
We don’t have a mobile app at this time, but you can always manage your loan and your account details directly on We’re hoping to develop an app soon. Please stay tuned!
Why can I trust Kikoff?

Kikoff has helped tens of thousands of customers build credit for free -- we encourage you to check out the many positive comments people on social media and YouTube.

We are trusted and backed by Silicon Valley’s most prestigious investors and an official data provider to the 3 major credit bureaus. Please read this for information on how we keep your data safe.

Our mission is to give everyone access to financial opportunity. This is near and dear to our co-founders and employees, many of whom are immigrants and young people, and have experienced firsthand the difficulty of not having access to credit.

More questions? Visit our Support Center