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Is This Credit score Constructing Product Price It?

Credit score scores have a serious impression in your monetary well being. An excellent credit score rating may prevent 1000’s when financing a serious buy, comparable to a house or car. 

Nonetheless, constructing credit score is simpler mentioned than carried out. Lenders need to see a great credit score historical past earlier than you open an account, however you’ll want credit score accounts to ascertain a credit score historical past. 

Kikoff is a service that helps you enhance your credit score rating. On this Kikoff evaluation, we’ll discover the chance to see if it’s a great match on your wants. 

kikoff logo


Snippet abstract: Kikoff provides a line of credit score to these trying to enhance their rating in most states. You’ll make minimal month-to-month funds of $5 to construct credit score at Experian and Equifax. 


  • Construct your credit score
  • $750 line of credit score
  • No curiosity funds
  • No charges


  • Complicated add-on service providing
  • Should make purchases from Kikoff retailer

What’s Kikoff?

Kikoff is a web-based platform that’s primarily based in San Francisco and provides merchandise designed to assist customers construct their credit score scores.

The corporate goals to offer efficient, truthful and easy methods for customers to attain their monetary objectives by serving to them enhance their credit score. It boasts that it creates an equal alternative for everybody, no matter the place they’re of their monetary journey.

Kikoff addresses three key components that make up 80% of your credit score rating.

These embody:

  • Fee historical past
  • Credit score utilization
  • Common account age

With no curiosity costs and no credit score pull, the corporate supplies a singular approach to assist customers construct their credit score. 

The positioning boasts that it has lots of of 1000’s of customers who’re maximizing their credit score utilizing the service.

How Does Kikoff Work?

Kikoff provides an opportunity to construct credit score. Right here’s how that chance performs out in actual life.

Easy methods to Signal Up for a Kikoff Account

kikoff account sign up

The method begins with signing up with Kikoff. 

You’ll have to be at the very least 18 years previous and have a Social Safety quantity. As of penning this, Kikoff is offered in each state besides Delaware and Indiana. 

Moreover, you’ll have to create an account along with your e-mail and chosen password. 

You’ll be able to select from two completely different merchandise:

  • Kikoff Credit score Account: Fundamental account to enhance credit score scores
  • Credit score Builder Mortgage: Elective add-on to additional construct credit score

Whereas the Kikoff web site has fairly a little bit of details about their Kikoff Credit score Account, details about their Credit score Builder Mortgage is extra sparse. Since it’s an add-on, you could want to enroll in the Kikoff Credit score Account first to get extra particulars concerning the Credit score Builder Mortgage.

Easy methods to Use the Account and Kikoff Retailer

Based on Kikoff, you’ll be immediately permitted with out a credit score test. At this level, you’ll have a $750 line of credit score to make use of on the Kikoff retailer. 

Though you’ll have to make use of the credit score line to make purchases within the retailer, you don’t need to spend your total line of credit score. 

Throughout the retailer, you’ll be able to look forward to finding digital merchandise about monetary literacy and entrepreneurship. Typically, you’ll discover many choices beginning on the $10 value level. 

After you’ve made a purchase order within the Kikoff retailer, you’ll be required to begin making a minimal month-to-month cost of $5. Once you make these funds, Kikoff will report your cost historical past to the completely different credit score bureaus. 

In case you are frightened about lacking a cost, think about organising AutoPay. This function lets you put your credit score constructing on autopilot. 

Kikoff Credit score Bureau Reporting

When you begin making funds, you may see a increase in your credit score rating. It is because Kikoff stories your funds to Equifax, Experian and Transunion. Nonetheless, the bureau it stories to relies on which Kikoff product you utilize.

The Kikoff Credit score Account stories to Equifax and Experian, whereas the Credit score Builder Mortgage stories to Transunion and Experian.

In fact, the outcomes of this credit-building instrument will range primarily based in your distinctive state of affairs. However, based on Kikoff, prospects with credit score scores underneath 600 factors noticed a 58-point enhance. 

It’d take a while to see outcomes. The truth is, it could possibly take as much as six weeks to see Kikoff in your credit score report. 

That mentioned, constructing a document of on-time funds can solely assist your credit score rating. 

How A lot Does Kikoff Price?

If you wish to begin constructing credit score with Kikoff, you’ll solely have to pay $5 per 30 days for the Kikoff Credit score Account. As well as, the Credit score Builder Mortgage product prices $10 per 30 days.

You received’t encounter any curiosity, annual charges, administrative charges or late charges. 

Is Kikoff Price It?

Kikoff is a good instrument for anybody who’s trying to construct credit score. At simply $5 per 30 days, it’s a worthwhile possibility if you wish to take your credit score to the subsequent degree. 

Nonetheless, some customers will discover extra worth within the service than others. Normally, you’ll get probably the most out of Kikoff in case you are beginning with a low credit score rating or no rating in any respect. 

How Kikoff Impacts Your Credit score

Kikoff provides a helpful credit-building alternative. However how precisely does it assist enhance your credit score?

Fee Historical past

Kikoff account history

In relation to your credit score rating, cost historical past is a very powerful issue. The truth is, this issue accounts for 35% of your FICO rating. 

The significance of your cost historical past is smart. In any case, lenders need to just remember to’ll pay your payments on time earlier than lending you cash. With Kikoff, you may have the chance to construct a protracted historical past of on-time funds. 

Kikoff even provides an automated cost possibility that can assist you keep away from unintentionally lacking a cost. With every cost you make on time, Kikoff stories the constructive data to the completely different credit score bureaus. 

Credit score Utilization

kickoff credit utilization

Credit score utilization is the second most necessary think about your FICO rating. It accounts for 30% of your rating. 

Basically, it is a measurement of how a lot credit score you might be utilizing towards how a lot credit score you may have. For instance, you probably have a steadiness of $100 and a credit score restrict of $1,000, your credit score utilization ratio is 10%. 

A decrease credit score utilization ratio is nice on your credit score rating. Kikoff offers you a chance to maintain this ratio low. With retailer gadgets beginning at $10 and a credit score restrict of $750, you’ll be able to simply preserve a low credit score utilization ratio. 

Account Age

kikoff account age

Account age performs a task in your credit score rating. An older common account age may have a constructive impression in your credit score rating

Kikoff doesn’t enable your Credit score Account to run out mechanically. As a substitute, it would proceed to take a seat in your credit score report, which results in a rise in your common account age. 

Though you’ll be able to cancel your Kikoff Credit score Account, your credit score rating may profit from leaving it open. 

Distinctive Options of Kikoff

In relation to differentiating itself from the competitors, Kikoff stands out in a few distinctive methods.

Open-Ended Time Dedication

Once you join with Kikoff, there’s no minimal or most time dedication. You can begin constructing credit score in the present day with out the fear of this comparatively small invoice impacting your price range for the long run. 

If you wish to cease making the $5 month-to-month cost, it’s straightforward to shut your Kikoff account. Which means you’ll be able to modify in case your monetary state of affairs modifications. 

Kikoff Retailer

The Kikoff retailer is stuffed with digital merchandise, and you should utilize the Kikoff line of credit score to buy gadgets. Based on the opinions, you’ll discover loads of e-books and different informative content material within the retailer. 

In case you are on the lookout for instructional assets about private finance, you’ll be able to enhance your credit score whereas constructing information. 

Kikoff Critiques

There are a lot of credit-building platforms obtainable. Studying consumer opinions can provide you an concept of what could or could not work on your distinctive state of affairs. 

Right here’s how Kikoff stacks up on numerous score web sites:

Right here’s a have a look at some Kikoff opinions from prospects:

“This app has actually helped me get my credit score rating in high situation…As soon as I absolutely grasped the kikoff idea, I took benefit and haven’t regretted it in any respect. hoping to maintain up the great work from these guys. to this point so good.” – Ari Universe

I utilized and my utility was denied as a result of their verification system was having points. I used to be advised I’ve to now wait 6 months. What a waste of time. And after studying the opinions and majority is unhealthy. I’m glad I didn’t.” – Markell

“This isn’t a $500 greenback credit score restrict to go spend on no matter. That is strictly to construct your credit score and it really works nice for that.” – Nathan

“They’re the largest scammers. A real BAIT AND SWITCH !! They took my private knowledge like SS# Ect.. simply to say they don’t seem to be approved in my STATE !!!” – Carlos

Options To Kikoff 

Kikoff presents one alternative to construct credit score, nevertheless it’s not the one possibility available on the market. Listed here are another websites like Kikoff. 


MoneyLion provides a credit score builder mortgage. With this mortgage, you’ll begin making funds with out receiving any funds upfront. As a substitute, MoneyLion will tuck away the principal portion of your cost into a delegated financial savings account. 

On the finish of the mortgage time period, you’ll get entry to those financial savings. However, be ready for APRs between 5.99% and 29.99% and a $19.99 month-to-month membership charge. 


SeedFi has two credit-building alternatives, together with a credit score builder mortgage and its Credit score Builder Prime program. The latter costs a $1 month-to-month charge, and also you’ll commit at the very least $10 in financial savings to a locked account each month.

In case you are on the lookout for upfront funds to spend whereas constructing credit score, SeedFi is an attention-grabbing alternative. 

Full evaluation: SeedFi

Sesame Money

Credit score Sesame, which is a well-liked solution to monitor your credit score rating, provides Sesame Money. This can be a pay as you go debit card paired with a checking account that gives a possibility to construct your credit score rating. 

The perfect half is that it’s free to make use of this credit-building instrument. 

Full evaluation: Sesame Money

FAQs About Kikoff

In case you are nonetheless on the fence about utilizing Kikoff, these solutions to often requested questions may be capable to assist.

Is Kikoff legit?

Sure, Kikoff provides a authentic alternative to construct credit score. Kikoff customers can faucet into two various kinds of credit score constructing choices that would take their credit score to the subsequent degree.

What customer support choices does Kikoff provide?

Kikoff provides an in depth buyer assist portal stuffed with the solutions to the commonest questions you might need concerning the service. 

Moreover, you’ll be able to attain out to the shopper assist staff at [email protected].

Is Kikoff protected?

Sure. Kikoff makes use of multi-factor authentication and encryption to safeguard your knowledge. 

With these safety features, it’s affordable to be comfy offering delicate data to the platform. 

How a lot can Kikoff assist my credit score rating?

Based on Kikoff, prospects with credit score scores underneath 600 factors noticed a 58-point enhance when utilizing the service. Nonetheless, the outcomes will range primarily based on the way you handle your credit score accounts. 

Can Kikoff damage my credit score rating?

Sure, it’s doable for Kikoff to harm your credit score rating. If you happen to make one cost via Kikoff after which shut your account, it could possibly adversely impression your common account age.

Earlier than signing up for Kikoff, be sure you need to stick to the service for some time in order that it doesn’t damage your credit score rating.

Does Kikoff do a tough credit score inquiry?

No. Kikoff doesn’t test your credit score through the utility course of, which implies there isn’t any credit score inquiry required to enroll.

Is Kikoff a bank card?

No. Kikoff is a credit-building plan that helps you enhance your credit score. It lets you construct your cost historical past with out constructing extra debt.

How do I cancel Kikoff?

If you happen to determine you need to cancel your Kikoff account, it’s worthwhile to e-mail customer support at [email protected] There isn’t any telephone quantity to name if you wish to cancel.


Kikoff provides a possibility to construct credit score by buying reasonably priced digital merchandise and making on-time funds. The one downsides are that your buy talents are restricted, and credit score bureau reporting can range between the service’s choices. 

Nonetheless, Kikoff is an reasonably priced and protected solution to begin constructing credit score. 



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