KOHO reports on-time rent payments only to Equifax. This means:
If you pay your rent on time through KOHO, that month is reported as an on-time payment.
If you pay rent outside of KOHO, skip a month, or something goes wrong, that month is not reported as late or missed, it simply won’t appear on your credit report.
Will a missing month hurt my score?
It may, depending on the scoring model used by the lender reviewing your credit.
Since lenders calculate credit scores differently, the impact of a missed month can vary and isn’t something we can predict exactly.
However, not reporting a month is still much better than reporting you as late, especially if you paid rent another way.
What if I cancel and re-subscribe to remove a late status in the app?
Your credit report will only include months where you successfully made an on-time rent payment through KOHO.If a month isn’t reported, it won’t appear as late but the missing month could still have some impact depending on the scoring model.