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Rated Canada’s #1 credit builder according to Forbes

Build your credit without using a credit card. KOHO users see their credit scores go up by 22 points on average after just 3 months.*

Build your credit history
A man at home reviewing his credit history on his phone using the KOHO mobile app
2 friends drinking ice coffee look at the Credit Building feature in-app
A woman lying in bed happy to see her credit scores increase thanks to KOHO's Credit Building
A tradesperson checking her credit scores increase on her phone using KOHO Credit Building
A man at home reviewing his credit history on his phone using the KOHO mobile app
2 friends drinking ice coffee look at the Credit Building feature in-app
A woman lying in bed happy to see her credit scores increase thanks to KOHO's Credit Building
A tradesperson checking her credit scores increase on her phone using KOHO Credit Building
A man at home reviewing his credit history on his phone using the KOHO mobile app
2 friends drinking ice coffee look at the Credit Building feature in-app
A woman lying in bed happy to see her credit scores increase thanks to KOHO's Credit Building
A tradesperson checking her credit scores increase on her phone using KOHO Credit Building
A man at home reviewing his credit history on his phone using the KOHO mobile app
2 friends drinking ice coffee look at the Credit Building feature in-app
A woman lying in bed happy to see her credit scores increase thanks to KOHO's Credit Building
A tradesperson checking her credit scores increase on her phone using KOHO Credit Building
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Zero added debt, zero interest.
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Skip the hassle of forms
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Guaranteed approval
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Track your progress
with Equifax
Did you know?

Building credit can save you money

A boost to your credit scores can result in lower interest rates and serious savings. Take a look at how good credit scores could help you save nearly $3,000. Let’s assume a loan amount of $15,000 and 12 months of payments.

Credit Scores579740
Interest Rate47%15%
Total Interest$4,086.77$1,246.50
Savings-$2,840.27

Why use KOHO credit building?

Trust

We report on-time payments to the Credit Bureau Equifax

Affordability

It costs as low as $5 a month for Everything members

Financial Coaching

With KOHO, you have access to experienced Financial Coaches, to support your financial journey

Track Progress

With Credit Building, you can check your Equifax credit scores anytime. Keep an eye on it as it gets better and better

Making real progress

Explore how our credit-building solutions have made a difference in the lives and credit histories of KOHO members.

A woman on a couch writes a KOHO review on her laptop, highlighting the credit building feature's positive impact on her scores
After years of bad financial dealing along came KOHO...now I am finally rebuilding my credit. Thank you for doing what others can but have not. Giving individuals like myself a second change. - Rewertou
Millennial couple expecting a child looking at the man's credit scores in the KOHO app
My credit has been poor since I can remember. To my surprise my credit has improved from the 500's to the mid 600's in just 5 months! I finally feel like I'm on my way to a bright financial future. - Kristie
Young person looking at their phone smiling because their credit scores went up 15% thanks to KOHO
I absolutely love it. Highly recommend. Easy & simple way to restore your credit score. With some time and discipline in months I've gained 57 points. - Patrick
A young person who looks serene since their credit scores has gone up by 22 points in 3 months thanks to KOHO
I am a new comer to Canada and I know how important credit score is, in just the short few months of using flexible credit building I have a good credit score to almost excellent. - Romesha
A woman on a couch writes a KOHO review on her laptop, highlighting the credit building feature's positive impact on her scores
After years of bad financial dealing along came KOHO...now I am finally rebuilding my credit. Thank you for doing what others can but have not. Giving individuals like myself a second change. - Rewertou
Millennial couple expecting a child looking at the man's credit scores in the KOHO app
My credit has been poor since I can remember. To my surprise my credit has improved from the 500's to the mid 600's in just 5 months! I finally feel like I'm on my way to a bright financial future. - Kristie
Young person looking at their phone smiling because their credit scores went up 15% thanks to KOHO
I absolutely love it. Highly recommend. Easy & simple way to restore your credit score. With some time and discipline in months I've gained 57 points. - Patrick
A young person who looks serene since their credit scores has gone up by 22 points in 3 months thanks to KOHO
I am a new comer to Canada and I know how important credit score is, in just the short few months of using flexible credit building I have a good credit score to almost excellent. - Romesha
A woman on a couch writes a KOHO review on her laptop, highlighting the credit building feature's positive impact on her scores
After years of bad financial dealing along came KOHO...now I am finally rebuilding my credit. Thank you for doing what others can but have not. Giving individuals like myself a second change. - Rewertou
Millennial couple expecting a child looking at the man's credit scores in the KOHO app
My credit has been poor since I can remember. To my surprise my credit has improved from the 500's to the mid 600's in just 5 months! I finally feel like I'm on my way to a bright financial future. - Kristie
Young person looking at their phone smiling because their credit scores went up 15% thanks to KOHO
I absolutely love it. Highly recommend. Easy & simple way to restore your credit score. With some time and discipline in months I've gained 57 points. - Patrick
A young person who looks serene since their credit scores has gone up by 22 points in 3 months thanks to KOHO
I am a new comer to Canada and I know how important credit score is, in just the short few months of using flexible credit building I have a good credit score to almost excellent. - Romesha
A woman on a couch writes a KOHO review on her laptop, highlighting the credit building feature's positive impact on her scores
After years of bad financial dealing along came KOHO...now I am finally rebuilding my credit. Thank you for doing what others can but have not. Giving individuals like myself a second change. - Rewertou
Millennial couple expecting a child looking at the man's credit scores in the KOHO app
My credit has been poor since I can remember. To my surprise my credit has improved from the 500's to the mid 600's in just 5 months! I finally feel like I'm on my way to a bright financial future. - Kristie
Young person looking at their phone smiling because their credit scores went up 15% thanks to KOHO
I absolutely love it. Highly recommend. Easy & simple way to restore your credit score. With some time and discipline in months I've gained 57 points. - Patrick
A young person who looks serene since their credit scores has gone up by 22 points in 3 months thanks to KOHO
I am a new comer to Canada and I know how important credit score is, in just the short few months of using flexible credit building I have a good credit score to almost excellent. - Romesha
Credit Building

How it works

Start building credit history with ease by opening a KOHO line of credit separate from your balance. We'll set aside an amount from your line of credit each month, reporting it as an on-time payment to Equifax. Pay on time, and watch your credit grow! It's simple, safe, and secure.

Graph from the KOHO app showing a credit score going up 50 points after using the Credit Building feature

Getting started is easy

Download the KOHO app and sign up for an account.

Pick a plan and save up to 50% off Credit Building.

Follow the steps in-app to set up Credit Building.

Download the KOHO mobile app on the App Store or Google Play to start building your credit

Ready to start building?

Join over 40,000 Canadians who are using KOHO to enhance their credit scores.

Sign up for KOHO

FAQs

KOHO gives you an affordable and free way to make or build your credit in Canada. You can use your own money or borrow from us to do it. There are no deposits, credit checks, or applications. And you’re guaranteed approval. Head to your KOHO app and click Credit > Register to get going.

Choose the way you’d like to build your credit history (it’s totally up to you, credit builder!). On-time repayments build credit history. A strong history can raise your scores.

It helps kickstart your credit, without adding to your debt if you don’t withdraw the funds.

Absolutely! You can access up to $225 with zero interest. You just need to ensure you pay it back on time so you don’t miss a payment.

Secured Credit Building involves setting up a collateral instead of getting a credit builder loan. The deposit becomes your line of credit. This setup provides more control. It's ideal for those with the funds to secure the credit line. You can always access your line of credit. Just make sure to deposit it back before the billing date.

A secured line of credit requires collateral. An unsecured line of credit is opened for you without the need for collateral.

To unlock our Secured Credit Building, you need to first be subscribed to Credit Building. You can add the Secured Credit Building option to your package. It boosts your chances of building better credit. And, it does so faster.

Not at all! There's no need to withdraw funds. Simply set your utilization (we suggest keeping it under 10%) at the start of each billing cycle. However, you'll have access to the funds whenever you need them. They provide a safety net for unexpected situations.

Once you’ve registered for Credit Building in-app, you will be able to see your current credit scores. Every month, after we've taken payment and reported to Equifax, a major credit bureau, you'll be updated with any changes. It's that simple!

You know how making payments on time can positively impact your credit? Well the opposite is true too - missing or late payments could hurt your scores. This is why we do not recommend withdrawing from the line of credit. We are invested in your success.

KOHO's Credit Building tool retrieves your scores directly from our trusted partner Equifax, which is one of the major credit reporting bureaus in Canada. Please note that your scores might vary from what you see on other reporting services. This difference can happen because Canada has two major credit bureaus. Each has its own criteria for scoring your credit.

You can reach out to Equifax directly by giving them a call at 1-800-465-7166, or you can also log into your account on Equifax's website

A credit bureau, like Equifax, collects information from companies you owe money to, like your history of paying bills, to understand how you handle money.

The minimum credit scores you need to buy a home depends on which lender you get your mortgage with. In general, you’ll want scores of at least 620 to get a mortgage with a traditional lender (like a bank). This is according to Loans Canada. The better your credit scores, the more likely you are to get a low-interest rate.

You’ll want a credit scores in the mid-600s to qualify to buy a car, according to Borrowell. You might qualify for a car loan with lower scores. But, like for buying a home, the higher your credit scores, the better your chances of getting a good car loan rate.

Reach out to our customer support team and write in #coach before writing in your question.

Our customer support team is ready to answer any of your questions 24/7 either through email or the chat functionality in the app. We’re always happy to help, no matter how big or small your query, so don’t be shy!

**Credit scores are based on complex models involving a variety of factors. Consistent on-time payments help improve scores. Missed or late payments may cause credit scores to decrease. Outcomes may vary among users.

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**Credit scores are based on complex models involving a variety of factors. Consistent on-time payments help improve scores. Missed or late payments may cause credit scores to decrease. Outcomes may vary among users.