The Bill Reporting feature is a new feature designed to help build a consistent history of payments for users. Every month, Kikoff will automatically report regular payments of existing bills to TransUnion. Reporting a history of bill payments can help increase a user's credit score by demonstrating a commitment to paying on time.
All users are able to begin setup for Bill Reporting. Only users who have Premium or Ultimate plans are able to finish activation, and start the process of having their bill payments reported to the bureau.
The Bill Reporting feature allows you to report the following four categories of tradelines:
- Telecommunications, including cellular, home phone, TV, and internet
- Electricity
- Natural gas
- Water
Note: If the user pays the same provider for both Electricity and Natural Gas, only one of these tradelines is reported. For example, Pacific Gas & Electric would only count for one tradeline if they provide both electricity and natural gas.