Here’s how Kikoff works:
Kikoff offers a credit tradeline for credit building:
- When you sign up, we open a tradeline with a small balance based on your selected plan (ranging from $750 to $3500).
- You pay a monthly subscription fee (between $5 and $35, depending on your plan) and we apply this towards your payments for the tradeline for next 12 months.
- We report the tradeline and payment activities to the credit bureaus. If you pay on-time consistently, this can help raise your credit score.
Keep in mind that you can’t spend the tradeline outside Kikoff! The main purpose of the Credit Account is for you to work on your credit-building.
Here's a breakdown of the Credit Account plans we offer at Kikoff:
Basic Plan — $750 tradeline | $5/month for 12 months
- Reported to Equifax, Experian, & TransUnion
- Weekly credit report
- Rent reporting
- Bank-level security & support
Premium Plan — $2,500 tradeline | $20/month for 12 months
- All perks of Basic
- Rent reporting, bill reporting, and debt negotiation
- Track and manage spending
- Access to Kikoff Secured Credit Card
Ultimate Plan — $3,500 tradeline | $35/month for 12 months
- All perks of Basic & Premium
- $1M identity theft insurance
- Personal data protection