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Loqbox: Credit score builder reviews

Name: Credit score builder
Rating: 4.3 (341 reviews)

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4.52

Based on 341 reviews, last reviewed 5th Jun 2025

22800% increase in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

77%

15%

Latest highest rating:

5

Charges are too many for mistake products Charges are too many for mistake products Reviewed on: 5th June 2025

Latest lowest rating:

1

Avoid avoid Saw an add for this signed up realised it wasn’t for me emailed them to cancel which was done not long later £14 was taken out my account!! Emailed ap... Read more Reviewed on: 6th May 2025

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About this product

Loqbox helps you build your credit score while saving money.

With Loqbox, you save a fixed amount monthly, treated as repayments on a 0% APR loan, with payments reported to credit agencies. Loqbox offer two membership tiers: Full Membership with a weekly fee, and Lite Membership, which can be free depending on how savings are withdrawn.

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 score builder reviews (341)

Only sign up if you can't open normal accounts

Had a thin file and needed to improve my score. I opened 2 normal bank accounts and 1 credit builder card in October. I was recommended by credit karma to get additional credit and one suggestion was Loqbox. My Transunion went down from 566 to 558. Equifax stable at 668. Experian went down from 684 to 631 Reviewed on: 10th February 2023

Good way to save money and build credit

They made it very easy to set a goal and follow it through Reviewed on: 8th February 2023

Bit of a con

When your score falls consistently each month since taking out the spend and save products to the point where it is well below the promised increase, that's the time I realised that Loqbox was yet another cynical con that preys upon the vunerable. Reviewed on: 4th February 2023

Con

Save yourself you can't rob yourself like this so called company robbing LTD, just don't do it, they think and know they are happening you,if you want to save do it yourself or leave it to family members, stay away from this rip off, you have money coming from your account you pay £10 a month for there service and pay £30 to get your money, robbing you Reviewed on: 17th January 2023

Great for improving your credit score

I like that you can save money while improving your credit score. Reviewed on: 17th January 2023

THEY CHARGE £30 to REDEEM YOUR MONEY

I have not read ONCE that this is what happens, and then when I have come to redeem, I either have to open a new account with a New bank somewhere (only 3 options) OR pay £30 to get it put into my account. NOT ONCE was this made clear when I set this up. I am Not Impressed. Reviewed on: 30th December 2022

failed to take the payment

I used loqbox for a few months, then they failed to take my payment, i checked over my bank and everything was fine, i tried to ling again the account but they still couldn't take the payment, i even tried to link a new account but it did not help, so i had to unlock the account to avoid a bed credit report, and i had to pay 40$ for it. so loqbox didn't help me to increase my credit report, and i even lost 40 dollars. Reviewed on: 8th December 2022

Read the website, knew what to expect, my credit scores gone up!

Think it's quite unfair to see so many reviewers saying 'scam' and 'thieves' when reviewing this company. At the end of the day, YOU are still responsible for building your credit. You can't sign up to a savings thing like this, not read how it works and then badmouth the company. Lots of things can make your score go down, you need to be accountable for yourself over the year of savings too. It's a good company that builds your credit score. Yes, there's a £30 charge if you decide not to open a bank account at the end, because that bank won't be giving them a commission then they have to ask the customer for it instead, it's all clearly explained. Quit moaning, they are helping people. My score has gone up 81 points already (after 4 months), that's worth more than £30 in my opinion. Reviewed on: 4th December 2022

Not helping

I lost 40 points becoz I joined No we're did it say I was going to lose points. Just herd about all the points I was going to gain. Said you get 21 points for joking. Yh I lost 40. I will probley have to continue with this now coz no more than likely if I stop now that will probo go agaist me good luck ppl Reviewed on: 9th November 2022

STAY AWAY THIEFS

This company charges mo ey without telling u. Even if u cancel the box they stil continue charging u. And u CAN NOT GET THIS BACK EVEN IF THEY HAVE EVIDENCE U WAS NOT USING THEIR CRAP SERVICE. U DOWNGRADE TO LITE PLAN AN STIL THEY WILL TAKE THEIR 2.50 AFTER SAYING ITS FREE!!! Reviewed on: 27th October 2022

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Loqbox: Credit score builder reviews

22800% increase in 5 star reviews

No new 1 star reviews

Latest highest rating:

5

Latest lowest rating:

1

About this product

Review Loqbox: Credit score builder now

Loqbox Credit score builder reviews (341)

Only sign up if you can't open normal accounts

Good way to save money and build credit

Bit of a con

Con

Great for improving your credit score

THEY CHARGE £30 to REDEEM YOUR MONEY

failed to take the payment

Read the website, knew what to expect, my credit scores gone up!

Not helping

STAY AWAY THIEFS

Review Loqbox: Credit score builder now

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