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Loqbox: Credit Score Builder reviews

Name: Credit Score Builder
Rating: 2.65 (91 reviews)

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2.25

Based on 91 reviews, last reviewed 27th Dec 2024

No new 5 star reviews

in the past 90 days

100% increase in 1 star reviews

in the past 90 days

37%

56%

Latest highest rating:

5

this is my 3rd year with them and its helped me buil... this is my 3rd year with them and its helped me build up my new life. Reviewed on: 27th December 2024

Latest lowest rating:

1

i have been reported for owing 15 pounds whereas I s... i have been reported for owing 15 pounds whereas I stopped their monthly subscription a month and half earlier which they failed to allow from the end... Read more Reviewed on: 22nd December 2024

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About this product

Loqbox Grow is an interest-free credit account that grows your credit history.

Loqbox Grow can be opened in two minutes with no credit check required. There is a monthly membership fee to pay and your account is reported to the three main credit reference agencies.

Loqbox Grow 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 Score Builder reviews (91)

Review of the Loqbox, Credit Score Builder:

It's ok to slightly boost your credit score

It's ok to slightly boost your credit score however they force you to open an unwanted bank account simply to withdraw you're own money fee free. This is just a way for the banks to make money more than to help the customer. Poor. Reviewed on: 25th March 2023

Don’t open an account don’t do it, they will rip you...

Don’t open an account don’t do it, they will rip you off and your score doesn’t go up or down, you have to pay it’s not free. It’s a complete scram. I opened an account it told me 6 months to get out of the contract and they still wracked my credit score cause I could pay anymore. Reviewed on: 25th April 2024

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

Loqbox is a very well put together SCAM.

Loqbox is a very well put together SCAM. I've been conned a total of £92.50 and trying to deal with Loqbox is impossible. If, and a very big, IF you get a reply, its a copy and paste generic repsonse. Reviewed on: 11th April 2024

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

Helped increase my score and also helped me save up some money Reviewed on: 4th April 2024

My experience with Loqbox was extremely disappointing.

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

This so called credit service is a complete SCAM.

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

This company is a scam.

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

What a con!

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

Very poor company, just waste my money.

Very poor company, just waste my money.... Reviewed on: 4th January 2024

They help you rebuild your CS. Not a scam!

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

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