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What is Secured Credit Building?

Updated over 2 weeks ago

KOHO’s Secured Credit Building gives you the ability to build your credit history with your own money! Here’s how it works:

  1. Deposit $30-$500 into your account to create a secured line of credit

  2. Transfer the money to your KOHO account (we suggest staying within 10% of your deposit)

  3. On your next billing date, we'll automatically move the money from your KOHO account back into your secured line of credit (just make sure the money is available in your Spendable)

  4. Start building your credit today 🎉

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