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Loqbox: Credit Score Builder reviews

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
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3%
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1%
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3%
See only 1 star reviews
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
Carlena's avatar
Carlena

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
BIMLAF's avatar
BIMLAF

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:

Good Features with Great Product

5
I find Loqbox product to be easy to use. More importantly the products in itself is easy to understand and use. The little bit it gives helps build my credit score while also helping me save which is a good thing. Reviewed on: 1st September 2024

Scam - AVOID

1
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!

1
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

1
Never use them and customer service is a joke Reviewed on: 25th April 2022

Scam

1
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

1
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

1
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

1
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

just avoid

1
waste the time and money. this just rip you off on the end. charge you 30% of you money to get back you cash Reviewed on: 13th February 2022

Pretty good company

5
I’ve been with loqbox since June of 2021. Credit score has improved, I will probably continue with them forever, doubling down my savings every year. Reviewed on: 1st February 2022

Worst idea ever

1
If you want your rating go up don’t do it,,,it works opposite and all you get is apologise,,, Reviewed on: 29th January 2022