LOQBOX

At LOQBOX we’re all about financial inclusion, and are working towards a future where everyone has access to the right credit. LOQBOX gives you a chance to prove your creditworthiness while building a pot of savings.

We report your monthly payments to the three main credit reference agencies building your credit history and therefore your credit score. With an improved credit score you'll save money on your loan or mortgage repayments, or if you're new to credit you'll now have more chance of being able to get a loan, mortgage or credit card.

On top of that LOQBOX Learn provides you with tips and tricks on how to manage your finances.

How does it work?

• Start: decide what you could save in a year. We lock away a 0% loan for that amount in your LOQBOX. Like a digital piggy bank
• Grow: pay off the loan over 12 months, growing your credit score as you go to unlock better borrowing
• Unlock: loan repaid, you release every penny you paid into a new bank account, and start saving on life’s essentials

Why Choose LOQBOX?

• Helps you build your credit score
• Helps you access cheaper credit
• An easy and structured way to save
• Anyone can sign-up whatever your situation