Answers to the most popular questions we get!
145 articles
How does Credit Building work?
What do I need to do?
How will I know if it’s working?
How long will my subscription to Credit Building last?
When will KOHO appear on my credit report?
Why did my score go down?
Why is my score different than another reporting service that I use?
What happens if I miss a payment?
Do I need to make withdrawals from the tradeline (line of credit) for it to work?
How does closing a credit line affect my score?
How does KOHO report to the bureau?
How do I access financial coaching?
Can I change my utilization rate?
What utilization is best to build my credit?
What happens if I transfer out funds?
What is a utilization rate and how does it work?
What is a tradeline?
Can I withdraw from my Credit Building funds?
Can you speed up the withdrawal?
Why was my tradeline (line of credit) withdrawal request canceled?
How do I access financial coaching?
What’s a credit score?
How can I improve my score quickly?
I have no credit history, can I still benefit from your Credit Building products?
How long will it take to see a change in my credit score with your Credit Building products?
Do you perform a credit check for your Credit Building Products?
What is a tradeline?
Is it beneficial to register to both Credit Building features?
What’s the difference between Credit Building and Flexible Credit Building?
What is Flexible Credit Building
How much can I choose to deposit?
Can I change my available Credit Limit amount?
How does closing a credit line affect my credit score?
How long can I use this feature?
How do I know if it’s working?
What happens if I miss a payment?
Is it beneficial to register for both Credit Building features?
What’s the difference between Credit Building and Flexible Credit Building?
What is a Utilization Rate and How Does it Work?
How does it benefit my credit history?
What is financial coaching?
What is Flexible Credit Building?
How much can I choose to deposit?
Can I change my available Credit Limit amount?
How does closing a credit line affect my credit score?
How do I withdraw funds from my Flexible Credit Building?
How long can I use this feature?
How do I know if its working?
When should I repay the funds withdrawn from my Flexible Credit Building?
What happens if I miss a payment?
Why did my score go down?
Is it beneficial to register for both Credit Building features?
What’s the difference between Credit Building and Flexible Credit Building?
What is a Utilization Rate and How Does it Work?
How does it benefit my credit history?
How do I access financial coaching?
Cancelling a Subscription
Can I get a higher Cover limit?
How does it work?
How many times can I use Cover in a month?
Will I be charged every month?
Will I pay interest on these funds?
What if I want to pay it back early?
How come someone I know has a higher Cover limit than me?
When do I pay back what I use?
How can I change my current Cover limit?
Can I cancel?