Kikoff is a credit-building program designed to reduce your utilization rate. If you are interested in building your credit, one of the surest, fastest, and easier ways to do it is through the Kikoff app.
That said, if you want to delete your Kikoff account, this article will show you the steps to do it.
Follow the procedure below to delete your Kikoff account;
- Open your email app and ensure you are logged in to the email linked to your Kikoff account.
- Compose an email, and paste (firstname.lastname@example.org) into the recipient’s box.
- Type “Request to delete my Account” as the mail subject.
- In the email, type a request asking them to delete your Kikoff account and every other information from their database. You should also include the necessary information.
- After typing, hit the “Send” button.
After Kikoff’s support receives your request, they will immediately close your Kikoff account. You will also receive a confirmation email after successfully deleting your profile from the database.
However, you might still receive a few emails from Kikoff even after deleting your account. This could go on for up to two weeks. All you have to do is ignore the emails pending when the system adjusts to your status.
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What Happens After Deleting Your Kikoff Account?
After you delete your account and receive a confirmation email from Kikoff, your profile will be erased from the database and can not be recovered any longer. Any information linked to your Kikoff profile will be wiped off.
Also, closing your Kikoff account will affect your credit score negatively. Kikoff is a licensed creditor who uses credit scores to give out loans. By the time you delete your account, your credit score will decrease.
Basically, your credit score takes into account your total available credit and your utilization. Therefore, closing a credit line will decrease the average age of accounts on your report. When you leave accounts open for long, your credit score will improve.
As I mentioned earlier, you will receive an email confirmation of account closure after your request has been successfully processed and a zero balance. You should withdraw any funds in the account before closing it down.
Also, your account will be reported as closing on the next reporting date. Accounts that have been previously reported will not have their status retroactively changed. Just hold on for the status to change on the next reporting date.
Also, keep in mind that you may still receive emails from Kikoff after deleting your account. This may continue for up to two weeks. You don’t need to do anything; ignore these emails. They will stop in due time.
Reasons You Might Want To Leave Your Account Open
Instead of closing your Kikoff account, there are many reasons to keep it open for as long as you like. Remember that deleting your account is a permanent action that can not be reversed. Let’s have a look at why you should leave your account open.
First, your Kikoff Credit Account helps to build your credit score by reporting your on-time payments. When you take loans and repay on time, before the due dates, your credit score will improve and will be duly reported by Kikoff.
Also, Kikoff does not charge any interest on your credit account. It does not matter how long you use the account; you will not be asked to pay any interest. However, closing your account may reduce your total available credit.
In addition, older accounts contribute positively to your overall account age. Older accounts are easier and faster to use when it comes to taking loans involving higher amounts on Kikoff.
Does Kikoff Have An App?
For now, Kikoff has not released a mobile version of its application. However, users can access their profiles using the website. The website is optimized for both mobile and desktop users. You can easily navigate around and utilize the features.
What Happens If I Pay Kikoff Early?
Instead of delaying payments that will end up affecting your credit score negatively, you should pay off your loans earlier. When you pay off your Kikoff loans, your accounts will remain open and will not affect your credit score negatively.
Later on, you can also make another purchase on Kikoff with the loans and pay back early too. Doing this regularly will help increase your credit score over time.
Will My Account Get Closed If I Pay Off Kikoff?
No! Your account will not be closed if you pay off your loans and other outstanding bills on Kikoff. If you pay off early, your account will remain open, and your credit score will be unaffected, as I mentioned earlier.
However, if you pay off quite late, your account will not be closed, but your credit score will be affected negatively. It might even reduce drastically. You can only improve it by making more purchases on the platform.
How Do I Contact Kikoff Customer Service?
If you have any complaints or questions, you can always reach out to Kikoff customer support. If you are new, copy and paste this address (help@Kikoff.com) into your email app and forward your request to them.
The Kikoff customer support is very swift in reaching back to customers so that you won’t be kept in the queue for too long. All you have to do is send your message and await a reply.
Kikoff is quite useful, especially if you own a business where you need funds from time to time to push it. You can easily borrow funds on the platform with little credit score and repay on time.
When you repay on time, your credit score will improve, and you can borrow higher amounts as time goes on. The key to Kikoff is to borrow and pay it back on time. However, you should clear any outstanding payment before requesting account deletion.
If you have an unpaid loan on Kikoff, requesting to close your account will not be accepted. Once you can repay your loan and other outstanding payments, then you will be able to delete your Kikoff account.