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Quraish M

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Review of the Loqbox, Credit score builder:

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am loving to use it and expect it being user friendly

Loqbox is an interesting concept that aims to help people build credit while saving money. The idea of "building credit while you save" is definitely appealing, especially for those with thin or damaged credit files. It's a structured way to put money aside and see your credit score potentially improve over time, which is a big plus. However, it's important to consider the fees involved and the interest rates you might be missing out on compared to other savings accounts. Also, while Loqbox can help build credit, it's not a quick fix and requires consistent payments over the term. It's worth doing your homework to see if it aligns with your financial goals and needs, comparing it with other credit-building tools and savings options available. Overall, Loqbox can be a useful tool for some, but it's essential to understand the details and weigh the pros and cons before diving in. Reviewed on: 17th June 2025

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