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Loqbox: Credit score builder reviews

Name: Credit score builder
Rating: 2.91 (105 reviews)

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2.84

Based on 105 reviews, last reviewed 29th May 2025

1100% increase in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

44%

48%

Latest highest rating:

5

Good to use This is easy to use. Good for rebuilding credit score. Reviewed on: 29th May 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tiers: Full Membership with a weekly fee, and Lite Membership, which can be free depending on how savings are withdrawn.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.

Loqbox Credit score builder reviews (105)

Review of the Loqbox, Credit score builder:

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

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

Awful

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

They're a legal scam..

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

It's a scam company and they should be banned

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

They would make your days too miserable dealing with them once you join them.

This company is for sure not properly regulated by the Government. They advert a slogan of saving with them of at least £20 a month. Not only you save but they promise to make your credit score go to the ceiling. I dont care about credit score. I dont need it. When I signed up to save with them to give it a try. Oh my gosh! I discovered there a hidden weekly charge of £2.50 per week. Of course who in the right sense of mind would save and loose their money. So, I opted out to cancel my account with them. But as they already charge me £10 with their charge. My money has no way out to get back to my bank account. Its been more than a week of stress already dealing with them, But they seem too creepy to deal with. Their condition, for you to refund your money, they would ask you to open a new bank account where they would transfer it. WHATS THAT FOR? For them to receive a commissions from the bank where you open an account.. WHAT DISGRACEFUL AND TOO COMPLICATED COMPANY TO DEAL WITH. Reviewed on: 2nd September 2023

It is like throwing away my money

First of all, I had no benefit at all, in last 6 months it could not even detect my rent payments despite spending hours on it to sort this out. Secondly It was only for 1 years, but It kept taking my money without even asking to renew the next year. there is even no option to end the membership, I have to talk to someone (help desk) to get it done. How many more hours do I need to spend on this useless app to get rid of it? I spent £165 on this app, I am regretting every penny. Reviewed on: 2nd September 2023

Dont dare to trust this company

DONT DARE SUBSCRIBING WITH THIS CREEPY LEGAL SCAM COMPANY. This Loqbox advert slogan is promising to give you at least 25 points monthly score from your CS. But my main purpose is just to strictly save at least £20/month. I got bated to subscribe from their advert slogan. That while you save, you increase your credit score at least 25 pts per month. Then right after a month, I realised that there was no changes from my score that belongs from them apart from my new score that I registered to vote. Then, as I read the public blogs and saw their policy that their promise to increase your score is only about 25 pts in a year. So, I got awaken and realised that this company is making some kind of tricks to people to make them believe that saving your money to them is weigh better. And when I tried to opt out, I suddenly saw in their system that I was a premium member. Theyre charging me £2.50/week. That's too creepy isn't it??? I try to trust them to possibly to make my money earn but not to loose them. Ive contacted their service now. But they sound to be so firm to not to loose the money they got from me. Many companies in UK, once they realise some kind of maybe a little mistake or any changes in mind of their customers. Most of them they would help you do what you wanna do. Delete subscription and refund and even pay compensation. But this creepy Lowbox appears to eager to get ahead in the market. If this bandit company only includes their charges for joining them in their advert. I bet very very few could only be trapped in their business. My mind is calm and ok. I strongly believe my feedback here is not about my being outrageous against their system. But its a fair and very realistic. Tthis company should not be in the market. Imagine if they can bate 1million people charging them secretly for £10/month.. wow!!! Thats a lot of money isn't it.. BE CAREFULL PEOPLE.. Reviewed on: 28th August 2023

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