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Loqbox: Credit report and building reviews

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4.75
Based on 1,128 reviews, last reviewed 2nd Feb 2026
100% decrease in 5 star reviews
in the past 90 days
No new 1 star reviews
in the past 90 days
See only 5 star reviews
86%
See only 4 star reviews
7%
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1%
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1%
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5%

Latest highest rating:

5

Good explanation easy to use professionally and easy... Good explanation easy to use professionally and easy enough for me to understand how to use it properly and how to make sure that the correct way to u... Read more Reviewed on: 16th September 2025
Josefa 's avatar
Josefa

Latest lowest rating:

1

Zero result / false advertising I signed up based on advertising and the promise to help shift my credit rating. However 6 months passed, i made the payments, but the result is zero.... Read more Reviewed on: 2nd February 2026
Sabina Khachaturian's avatar
Sabina Khachaturian
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About this product

Loqbox helps you build your credit profile.

With a membership, you can build credit while you save, access educational resources, get a dedicated line of credit that pays for your membership and report your rental payments to credit reference agencies. Loqbox offers two membership tiers – Full and Lite.

Loqbox reviews help you find out what it’s really like to be a customer. If you’ve used Loqbox before, you can also leave a review and share your experience.

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Loqbox Credit report and building reviews (1128)

Helped increase my score and also helped me save up...

5
Helped increase my score and also helped me save up some money Reviewed on: 4th April 2024
Miss zaza's avatar
Miss zaza

My experience with Loqbox was extremely disappointing.

1
My experience with Loqbox was extremely disappointing. I was hit with hidden weekly charges, lost a significant portion of my savings due to undisclosed fees, and faced obstacles when trying to withdraw my money. Despite agreeing to pay extra to expedite the process, I was still bombarded with notifications demanding repayment of a loan, further damaging my credit score. Overall, Loqbox's lack of transparency and excessive charges have left me with a negative impression and I would not recommend their services to others. Reviewed on: 25th February 2024
Hedo B's avatar
Hedo B

This so called credit service is a complete SCAM.

1
This so called credit service is a complete SCAM. After taking more money than I signed up for, the support has dried up. No reply to emails, previous chats not available and if I want to cancel, I have to pay more money,. Reviewed on: 8th February 2024
Pete Gore's avatar
Pete Gore

This company is a scam.

1
This company is a scam. There is no other way to put it. They prey on people who have low credit scores (so people who might already be in financial hardship) promising to improve their score and giving them an imaginary 'credit limit' that they never actually give to the customer, they then take up to 50 pounds a month out of your account which includes fees that are not made clear on their website. They do not conduct a credit or affordability check but claim to be a regulated 'service'. They hardly respond to emails or complaints and have no explanation where the money they are taking from you each month goes and why they are taking it, please please please do not fall for this trap. Reviewed on: 18th January 2024
Michelle B's avatar
Michelle B

What a con!

1
It did absolutely nothing for me and yet they were taking £100 a month plus extra for the pleasure. I bet they are making a nice little earner from all our money in their bank and I bet their credit score is marvellous. As for me, even though I cancelled loqbox after the year was up they still kept on taking money and say I can't have a refund. Its MY money! Loqbox is an absolute con!! Reviewed on: 7th January 2024
MRW's avatar
MRW

Very poor company, just waste my money.

1
Very poor company, just waste my money.... Reviewed on: 4th January 2024
Szijjarto S's avatar
Szijjarto S

They help you rebuild your CS. Not a scam!

5
I have used loqbox once before, and saved over 12 months with them, opened a TSB current account and transferred the money into that! They make it very clear that if you transfer the saved funds into your own bank account then a fee would apply. I am now using them again to do another 12 month savings plan to help build my score back up. The poor reviews stating they are a rip off. It’s kind of unfair as they are clear regarding fees etc. it really ball down, too incompetence for not reading the information before making an adult decision. Reviewed on: 2nd December 2023
Wayne Worlock's avatar
Wayne Worlock

Awful

1
I would love to speak to any of the people who leave 5 star reviews for loqbox, no one can possibly believe they are a good company Reviewed on: 18th November 2023
Nicholas berkovi 's avatar
Nicholas berkovi

They're a legal scam..

1
Dreadful Don't fall for the marketing. They won't improve your CS .... but they will make ut diffand costly and even affect your CS when you cease to wish to continue with the scam and stop paying into the thing by logging you as missed payments..... on a savings app that poses as a credit agreement. Therefore allowing that to happen. It is a proper legal scam ! Reviewed on: 25th September 2023
Lorraine Puzzau's avatar
Lorraine Puzzau

It's a scam company and they should be banned

1
This is the worst company I have ever come across. I started paying in 50 pounds a month trying to grow my CS but then I noticed they keep deducting 2.50 pounds every week and they also upgraded me to loqbox grow which cost 12.50. When I noticed this, I decided to cancel my membership and to withdraw my money. They said I couldn't cancel the loqbox grow until I pay the 12.50 for the first month which was infuriating. I was with them for 6 months which made my total savings with them 300 pounds. When I decided to withdraw my savings, they decided to deduct 30 pounds from it. How is this even legal? But CS didn't increase either. During the 6 months I was with them, they collected 60 pounds for their weekly charge and then 12.50 for when they decided to put me on loqbox grow and then also deducted 30 pounds just for me to withdraw my money. Do not register with them it's a scam. Reviewed on: 6th September 2023
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Emily Yekini

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