# Will Credit Building help improve my credit score?

> Making consistent ontime payments through Credit Building is reported to Equifax and may help support your credit scores over time Credit scores are influenc

Source: https://help.koho.ca/en_us/will-credit-building-help-improve-my-credit-score-rJRfW6v4zl

Last updated: 2026-10-29T18:21:23.513Z

Making consistent, on-time payments through Credit Building is reported to Equifax and TransUnion, and may help support your credit scores over time. Credit scores are influenced by many factors, and results vary by individual. When you start using a Credit Building product, a new account may be added to your credit file. Opening a new credit account can sometimes cause a small, temporary decrease in your credit scores at first. This is normal and can happen with any new credit product.

Many KOHO members have seen their credit scores increase by 31+ points within 4 months, though outcomes are not guaranteed.