Kikoff is a credit-building service designed to help you build credit safely and responsibly. Our products are designed to target the 5 major credit score factors.
Kikoff offers 2 products, both products report to the major credit bureaus and are offered as 1-year plans:
No, Kikoff is not a credit card. You are not able to use your Kikoff Credit Account to purchase other goods or services (except for Kikoff credit-building plans).
Kikoff is a credit-building plan. Our product is specially designed to maximize your credit – a low-cost way to build payment history while preventing you from building up more debt. The Kikoff Credit Account gets reported as a revolving line of credit. See our Kikoff Credit Account page and our full FAQs to learn more.
On average, customers with credit scores under 600 increase their credit scores by 58 points, helping them qualify for better car loans, mortgages, credit cards, personal loans, and more.
Keep in mind, credit building is a long-term habit – like eating healthy or working out – so the most important thing is to make good financial habits: make your payments on-time, keep your utilization low, and practice good financial habits.
 Credit Score Increase: Based on Kikoff customers that used the Credit Account product and made consistent on-time payments during account lifetime. This data is based on observed VantageScore 3.0 credit score changes. Payment behavior can have an impact on your credit score, and individual results may vary. Data current as of March 2022.
The Kikoff Credit Account (our standard product) is a 1-year credit-building plan that costs $60.
The $5/month plan is purchased upfront ‘on credit’ and you’re responsible for paying Kikoff $5/month for 12 months (total of $60). You can choose to renew your plan annually for long-term credit building. Learn more.
How does it work? Every month, Kikoff reports your account to Equifax and Experian. It’s important for you to make on-time monthly payments so your account is reported in good standing. The Credit Account is most helpful for adding positive payment history, lowering your credit utilization, and increasing your average account age. Learn more.
Kikoff is an official data furnisher to the 3 major credit bureaus: Equifax, Experian, and TransUnion. We report all customers’ monthly payments to Equifax and Experian.
Please note that reporting depends upon which Kikoff products you have:
You’ll see the Kikoff Credit Account on your Equifax and Experian credit reports as a $750 revolving line of credit.
However, please note that you do not receive $750 cash, and you’re not able to spend the $750 limit on any purchases outside of Kikoff. This is not a spending account and there is no physical card.
We’ve intentionally designed Kikoff products to help you build credit responsibly (and not increase your debt). Your $750 limit helps you achieve a lower credit utilization rate, which is good for your credit.
All members receive a Kikoff Credit Account. This is a ‘revolving credit line’ and comes standard with a $750 credit limit.
A mix of account types is great for your credit. Qualifying members also have the option to open a Credit Builder Loan, an ‘installment loan’ which works in addition to your standard Kikoff Credit Account and helps you build more credit.
Yes, we have both Android and iOS apps!
You can find it by searching “Kikoff” on the Play Store and App Store. Our app is the best way to get updates and make sure you’re getting the best Kikoff experience.
Kikoff products address all the major factors of your credit score: payment history, credit utilization, account age, and credit mix. Together, these factors make up 90% of your credit score.
Payment history (35%) is the single most important factor in your score. It looks at whether you’ve paid past credit bills on time. Kikoff Credit Account and Credit Builder Loan both contribute to your monthly payment history.
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%. New members to Kikoff start will see 5% utilization on their Credit Account (excellent!).
Account age (15%) 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.
Credit Mix (10%) means you can manage different types of credit products, such as a car loan, credit card, student loan, installment loan, etc… Kikoff members can have up to 2 different types of accounts to help their credit mix.
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 everyone’s payments at the end of every month. After that, it can take up to 2 weeks to be processed by the credit bureaus, and added to your credit report.
Kikoff members receive a free credit report every month. We want to help you keep track of your progress and see exactly how Kikoff is helping.
Note: if you have multiple Kikoff products, you’ll see multiple Kikoff items on your credit report. Don’t worry, that’s helping you build more credit.
We’ve helped hundreds of thousands of people build credit. We’re officially recognized by the major credit bureaus, and Silicon Valley’s biggest investors trust and back Kikoff.
But don’t just take our word for it--look at all the positive reviews across social media and our mobile apps (iOS + Android).
Kikoff is 100% committed to your data privacy and security. We always use bank-level encryption in all data transmissions. We use your data for identity verification with the credit bureaus, fraud prevention, and to comply with federal laws. We will never share or sell your data to third parties without explicit consent.
We’ve experienced firsthand how scary credit building can be, especially for those who can’t afford to take chances with it. So we built a tool that strives to bring financial opportunity to everyone. We’ve been there, we know how it is, and we want to offer you something better.
Kikoff does NOT pull 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.
Credit utilization refers to how much of your credit limit you use at any given time. You can figure out your credit utilization rate by dividing your total account balance by your total credit limit. We calculate this for you and you can see your credit utilization directly on your Kikoff Dashboard.
Most experts recommend keeping your overall credit card utilization below 10%. Lower credit utilization rates suggest to creditors that you can use credit responsibly.
New members will see a less than 10% utilization on their Kikoff Credit Account (considered an excellent utilization rate!). Paying off your Kikoff membership will bring your utilization rate even lower over time.
Payment history makes up 35% of your credit score. It looks at whether you’ve paid past credit bills on time. This is the single most important factor in your credit score.
Kikoff reports your monthly payments to the major credit bureaus every month. Both the Kikoff Credit Account and Credit Builder Loan build your payment history--and your credit.
Kikoff is currently available in 48 states and covers 97%+ of the US population. We are working hard to be available in all 50 states!
We are currently NOT available in the following 2 US states:
Of course! We want you to be in control of your finances, and you’re welcome to cancel your Kikoff account at any time. Please note that if you’ve already made 1+ payments, you’ve been reported to the credit bureaus as a tradeline so closing your account will negatively impact your average account age.
For that reason, we highly encourage you to keep your account open and continue making those payments each month instead – this will boost your payment history and account age, both important factors in your credit score.