4 Of The Best Credit Building Apps On Android And iPhone

We’re constantly reminded of the importance of building credit, yet without a credit history, securing loans becomes a challenge, creating a catch-22 situation. That’s where Kikoff can help. Kikoff is an online lender that offers a unique product called the Kikoff Credit Account. The app, available on Android and iOS, is designed to help you build your credit from scratch, making it more likely that you’ll qualify for loans in the future.

It helps you do this with a $750 revolving line of credit, which, unlike traditional credit cards, doesn’t carry any interest. However, you’ll have to pay a small monthly fee to use it. You can use this credit to purchase goods and services in the Kikooff online store. Since Kikoff aims to help users build a positive credit history, they report payments to two major credit bureaus, Equifax and Experian. Making payments on time and maintaining a low credit utilization rate, i.e., you’re not maxing out your credit cards, can positively impact your credit scores.

When you sign up for Kikoff, you’ll get access to VantageScore credit scores to track your progress. The company also provides educational materials to guide users in understanding and mastering credit-building strategies.