Decide what you could save in a year. We lock away a 0% APR loan for that amount in your LOQBOX. Like a digital piggy bank.
Pay off the loan over 12 months, growing your credit score as you go to unlock better borrowing.
Once your loan is repaid, you release every penny into a new bank account for free. Or into an existing account for £30.
Still got questions?
Read more about how LOQBOX works
We keep LOQBOX money in ring-fenced, independently verified accounts with major UK high street banks.
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We provide you with helpful financial tips during your time with us in our fortnightly email series LOQBOX Learn.
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Unlock debt-free any time and get back what you’ve saved so far, but you’ll get the best out of LOQBOX the longer you keep saving.
We’re all about helping you build a better financial future and putting you on the front foot with your money.
Growing your credit history and savings is a great way to do this.
This should be simple, free and available for everyone.
That’s why we created LOQBOX.
With LOQBOX, you can grow your credit score by saving as little as £20 a month. For free.
“LOQBOX is a free tool that allows you to repair your credit history by saving a set amount each month…
LOQBOX‘s scheme is free and doesn’t require you to undergo a credit check, unlike a credit-builder credit card.”
“As well as building your credit history, with LOQBOX Learn monthly emails you can improve your money management and access great credit and savings offers – if you want them.”