The credit agencies want proof that you can make regular payments. LOQBOX makes it easy, automatic, and free.
Here's how it works:
You want to build your credit score and can afford to save £20 per month—so £240 over the year.
At the start of the year, LOQBOX Loans you £240. But, the money stays locked away in your LOQBOX account (hence the name).
Over the year, you pay £20 a month into your LOQBOX account to pay back the loan.
But here comes the clever bit... Each month, LOQBOX reports to the credit agencies (the companies that track and publish your credit score), that you've made your repayments, which increase your credit score.
After 12 months, the loan is paid off and, presto - you have access to the £240 you saved and a shiny new credit score.
Join 1,000,000 others and start growing your credit score today.