We use your $5 monthly subscription to Yotta+ to pay off a line of credit we open on your behalf. This line of credit can only be used for your subscription.
That way, you'll always be able to make the payment on time and in full.
We report your monthly payment to the credit bureaus. This will build your credit history and increase your credit score.
Because 65% of your credit score is based on payment history and credit utilization, each $5 payment will help boost your score.
Plus, you get 20 extra tickets every weekinto Yotta’s weekly contests. Each ticket is a chance to win a prize up to the $10 million jackpot.
Cancel any time.
90% of lending decisions are influenced by your credit score. Having a good credit score can literally save you tens of thousands of dollars over the course of your life by getting you a lower interest rate on a mortgage for a house, a car loan, and other debt you take out. It really adds up over time.
Start building your credit as soon as possible, so you can save tens of thousands later!
Having a good credit score is a chicken and egg problem. You need to get credit to prove you are a reliable borrower, but you can't get credit until you're a reliable borrower. So where do you start?
Because Yotta+ extends you credit that can only be used to pay for your Yotta+ subscription, our risk is limited. This allows us to extend you credit, which allows you to prove your credit worthiness, which we then report to the credit bureaus.
35% of your credit score is based on your payment history. Basically lenders want to see that you have a history of paying on time. By paying for the Yotta+ $5 subscription every month in full, you will build that history, which the credit bureaus view positively.
Another 30% if based on your credit utilization percentage. This is the amount you borrow divided by the total amount of credit you have access to. Below 10% utilization ratio is considered excellent. By extending you $100 credit along with the $5/mo subscription, your utilization ratio from Yotta+ will always be under 5%!
“Couldn’t be happier with my purchase. The team were really helpful too.”
“Things that were taking me hours or days have been cut down to mere minutes.”
“Our team’s productivity has doubled since we signed up. This is an essential tool.”