We have two ways to help you build credit with KOHO,, and they work differently:

Credit Building: This is a simple way to boost your credit score without needing to risk any collateral. We give you an unsecured credit line of $225 and take care of making monthly payments on your behalf. These payments are then reported to the credit bureau. It's an excellent choice if you want a hassle-free way to build your credit and let KOHO take care of the work for you.

Secured Credit Building: This is the hands-on way to boost your credit score. You start by depositing your own money, anywhere from $30 to $500, and we turn it into a credit line. Then, as you spend and pay back this credit, we report it to the credit bureau. It's great if you want to be in control and have some money to invest in building your credit.