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Loqbox: Credit building reviews

Name: Credit building
Rating: 4.57 (1944 reviews)

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4.57

Based on 1,943 reviews, last reviewed 23rd Jul 2026

69200% increase in 5 star reviews

in the past 90 days

1700% increase in 1 star reviews

in the past 90 days

85%

Latest highest rating:

5

Well I wasnt believing to much from beginning that's... Well I wasnt believing to much from beginning that's this can really work .but I already see that my credit score is growing and am very very happy an... Read more Reviewed on: 23rd July 2026

Latest lowest rating:

1

You charge me 4 times and I do not get anything try... You charge me 4 times and I do not get anything try to cancel but nothing happens try to contact and no one answers Reviewed on: 13th July 2026

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About this product

Loqbox membership is an all-in-one service to help build your financial health.

You can build your credit score, grow your savings and gain a better understand about the world of money. You'll need to pay a low monthly fee for full Loqbox membership.

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.

Loqbox Credit building reviews (1944)

Review of the Loqbox, Credit building:

It has been great for me, saving while also building...

It has been great for me, saving while also building my credit score Reviewed on: 16th April 2024

Madness

You "save" with these crooks, they give no interest, they claim to improve your credit score, something they have no control over, they report you to credit agencies if you don't save Every month, they take half your savings for some 50 point promise scam, then charge you to return your money! You couldn't make it up! Reviewed on: 9th June 2022

Helps to build your credit score

I was with them for a year, there was a bug where the money didn't go to the new account, but this was resolved the same day i informed Loqbox Yes, if you want to use an existing account, they charge you £30, so why not just open a new account through them? Reviewed on: 6th June 2022

AVOID AT ALL COST

I signed up Loqbox for a year and saved £30 per month but at the end of the year I only got £220 back despite them saying you get all your money back!! They stated that I had signed up for the 50 points promise (that you don't get anyway) that costs £10 per month. It's cheaper to save the same amount in a local credit union at least you don't lose any money saving. They tried to tie me for another loqbox savings with another 50 promise. As far as I am concerned they've broken their 50 points promise and hidden the fact it actually costs you £10 per month for the so called promise. The FACT you DON'T GET ALL your money back in savings leaves a foul taste in the mouth for me. AVOID AT ALL COSTS Use your local credit union least you can save weekly/monthly and you get ALL your money back. They also can give you small locost loans that DON'T rip you off. I WILL NOT BE RECOMMENDING LOQBOX TO ANYONE ☹️☹️☹️ Reviewed on: 5th May 2022

Scam - AVOID

Do not use this company. Read the other reviews - the company hides information on sign-up, their offering is not worth it. I even signed up to LOQBOX SPEND, only to find out you can't SPEND anything. It's a joke. AVOID. Reviewed on: 30th April 2022

£30 charge for your own savings!

They fail to explain anywhere in the signing up process that you WILL be charged £30 at least, to get your saving returned to you. Apparently its in the policy manual (that no one reads). Absolute SCAM, and for it to be recommended by Clearscore made me think it would be legit. DO NOT USE unless you're happy loosing at least £30 just to receive your hard earned money back. Not Good! Reviewed on: 29th April 2022

Go out of there way to hid information when you sign

Never use them and customer service is a joke Reviewed on: 25th April 2022

Scam

They fail to tell you than once you've completed your savings, unless you open an account with TSB (transferring all DD, and having to reapply for overdrafts) they charge you £30 to transfer YOUR money into your account Reviewed on: 20th April 2022

Ridiculous

You save £20 a month, with no interest, it's classed as an unsecured loan, you are reported to credit ref agencies if you fail to save the 20 a month, then you may have to pay to get your money back.. madness Reviewed on: 14th March 2022

Loqbox is a scam

Do not fall for these scammers they get to use or invest the money we pay into their account and make money out of that since we cannot access that money until the plan ends and still charge £30 to withdraw your money at the end of the plan. Not a single improvement to my credit report Reviewed on: 3rd March 2022

Scam

Had to open my loqbox early due to financial difficulties. Out of £160 savings I ended up with £60 because I apparently had the 50 point promise ???? AVOID Reviewed on: 18th February 2022

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View resource hub

Loqbox: Credit building reviews

69200% increase in 5 star reviews

1700% increase in 1 star reviews

Latest highest rating:

5

Latest lowest rating:

1

About this product

Loqbox Credit building reviews (1944)

It has been great for me, saving while also building...

Madness

Helps to build your credit score

AVOID AT ALL COST

Scam - AVOID

£30 charge for your own savings!

Go out of there way to hid information when you sign

Scam

Ridiculous

Loqbox is a scam

Scam

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