Your credit is largely determined by three major factors: payment history, credit utilization, and account age.
The Kikoff Secured Credit Card has features that can help with all three. Here's how:
Automatic on-time payments - On-time payments for credit cards determine a large part of your overall credit score with the credit bureaus, 35% in fact. The payments on the Kikoff Secured Credit Card will be automatic and always on time every month, and we report these payments monthly to the three different major credit bureau agencies to help you build credit.
No need to worry about high credit utilization - We do not report utilization for the Kikoff Secured Credit Card, so there’s no potential for high utilization rate on this card to hurt your credit.
Build your credit over time - The longer your healthy credit history is, the better your credit score will be. So starting a new account with the Kikoff Secured Credit Card and maintaining it will help your credit as you go.
Note: Individual results may vary. Payment behavior & other credit activity can have an impact on your credit.