is kikoff legit or scam? Reviews & complains 2023


Kikoff is a personal loan company that offers several loans options to help borrowers consolidate debt, finance home improvements, fund vacations or pay for any other important expenses. While personal loans can help fill financial gaps, it’s important to understand the terms and conditions to make sure any loan from Kikoff or any other lender fits your individual situation and budget.

In this in-depth review, we will take a closer look at Kikoff personal loans including loan amounts, interest rates, fees and other key features. We will explore the company background, loan application process and customer reviews to help you determine if Kikoff is the right fit when considering a personal loan.

Company Overview

Kikoff was founded in 2012 and is headquartered in San Francisco, California. The company operates primarily as an online marketplace to connect borrowers with lenders and offers personal loans ranging from $1,000 to $35,000 with terms of 2-5 years.

Some key aspects of Kikoff’s business model include:

  • Online application process that can be completed entirely digitally.

  • Uses soft credit checks during the application which don’t impact your credit score.

  • Network of lenders allow Kikoff to offer competitive rates.

  • Loans are funded directly by lenders once approved.

  • Customer service is available by phone, email or chat for questions.

Overall, Kikoff aims to offer a streamlined personal loan application experience along with competitive rates and loan amounts to help customers achieve their financial goals. Let’s dive deeper into the loan details and features.

Read is loqbox legit or scam? Loqbox reviews & complains 2023

thesalt reviews & complains 2023; is it legit or scam?

is yandy legit or scam company? reviews & complains 2023

is dt trading legit or scam? Dt trading Employees reviews 2023

Loan Details

When applying for a personal loan through Kikoff, here are some of the main points to understand about loan terms and qualifications:

Loan Amounts

Personal loans through Kikoff range in size from $1,000 up to $35,000. This provides flexibility whether you need to consolidate debts, make home repairs or fund another large purchase.

Interest Rates

Stated interest rates for Kikoff loans range from 5.99% to 24.99% depending on your credit profile. Generally, better credit will qualify you for the lower end of the rate spectrum.

Loan Terms

Borrowers can select loan terms of 2-5 years to fit repayment periods within their budget. Shorter terms mean higher monthly payments but less interest paid over time.


There are no prepayment penalties if you pay off your loan early. Late fees of up to $25 may apply for missed or late payments. An origination fee of 1-6% of the total loan amount is deducted from proceeds.


To qualify, you’ll need a minimum credit score around 600 and be a US citizen or permanent resident at least 18 years old. Income requirements apply but vary based on loan size and rates.

Applying for a Loan

Now that we covered the core loan details, let’s walk through Kikoff’s online application process:

  • Start Online – Go to Kikoff’s website and click “Get a Loan.”

  • Loan Request – Enter loan amount requested, preferred term and personal information.

  • Soft Credit Check – Kikoff will perform a soft credit check at this stage without impacting your credit score.

  • Rate Offers – If preliminarily approved, you’ll receive rate quotes to select from.

  • Submit Documents – Provide pay stubs, ID, utility bill, etc. for formal underwriting.

  • Final Decision – Within 1-2 business days, Kikoff will contact approved borrowers with closing details.

  • Funds Dispersed – Approved loans are funded by lenders within 1-3 business days of completion.

The process is designed for convenience and speed. Most applicants can expect a final decision within 2 business days once providing all required documentation.

Customer Reviews

Overall, reviews online indicate generally positive experiences for customers who have utilized Kikoff personal loans. However, as with any lender, individual results may vary. Here’s a closer look at some key customer takeaways:

Smooth Process – Many customers commented the application was simple and intuitive with fast funding once approved. Soft credit checks were also appreciated.

Competitive Rates – For those with good-excellent credit, interest rates received from Kikoff lenders were considered competitive for personal loans.

Customer Service – Borrowers noted timely responses from the Kikoff team to questions via phone or online messaging. Polite representatives worked to resolve any issues.

Minor Cons – A few mentioned origination fees could be high depending on loan amount. Very occasional complaints about denials despite projected approvals.

Overall, positive reviews suggest Kikoff personal loans meet the needs of borrowers with transparent terms, a straightforward application and strong customer assistance as needed throughout the lending relationship.

Alternatives to Consider

While Kikoff may work for many personal loan needs, it’s wise to compare multiple lender options to find the best fit for your situation. Here are a few potential alternatives to also research:

Launchpad Loans – Known for fast funding and no origination fees on smaller loans up to $10,000. Minimum 600 credit score needed.

LightStream – Personal loans from $5,000 to $100,000 and potential for lower rates than Kikoff, especially for higher credit scores.

SoFi – Wide range of loans from $5,000 to $100,000 also designed to refinance student loans. Resources for financial wellness and career development too.

Credible– Aggregates rate quotes from multiple lenders so you can compare options side by side. Often displays special new customer promotions.

Your Local Credit Union – Some credit unions offer personal loans and may provide better rates for members with established accounts in good standing. Relationships and history become valuable.

Doing research across various loan providers will help ensure you select the best overall value aligned with your specific financial situation and repayment goals.

Final Thoughts

In summary, Kikoff appears to be a reputable personal loan marketplace option for borrowers seeking a digital application process, transparent terms and speedy funding. For those with good-excellent credit, the stated interest rates and customer service reviews suggest Kikoff delivers a solid lending experience.

However, personal loan needs differ greatly based on individual factors like loan size, credit history, repayment timelines and financial goals. Comparing multiple alternatives is wise both online and through local banking relationships to find the bestfitting combination of loan qualifications, terms and rates based on your full financial picture.

With a personal loan, understand how the debt impacts monthly cash flow to stay on track longterm. Only take on what can be affordably repaid as agreed without risking other responsibilities like rent or utility payments falling behind. Setting clear expectations upfront and responsible usage will help ensure personal loans achieve their intended use.

Be the first to comment

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.