loqbox.co.uk

4.2 / 5

loqbox.co.uk

4.2 Great
The main metric, showing how trustworthy is the business. Calculated using proprietary rating algorithm based on the AI, analyzing 25 different parameters.

4.2 / 5

Trust Score

3.8

Reviews

4

Social

5

Featured

4.5

Technical

Is loqbox.co.uk legit?

  • Many trusted websites are linking to this site
  • The site has mostly good reviews
  • The SSL certificate is valid
  • This website has existed for more than 3 years
  • Facebook account found with large audience
  • Instagram account not found
  • Business not mentioned on Wikipedia
  • Pinterest account not found
  • Linkedin account not found
  • Twitter account not found
  • Youtube account not found
We check all genuine customer reviews and show the number of approved and rejected reviews. All fake or false reviews are excluded from the Reviews Score.

Reviews Analysis

10

reviews

vs

0

AI declined reviews

0%

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Based on 6774 reviews

Smart.Reviews

4.2

10 reviews

Reviews io

1

1 reviews

Trustpilot

4.4

6763 reviews

Loqbox.co.uk Review

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Last update: Wed, Mar 9, 2022 3:11 AM

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Loqbox.co.uk Reviews & Complaints (10)

Loqbox is an excellent idea, and their business model is understandable - you either pay £30 at the end of the experience, or you open an account with one of their partner services.

There is, however, a problem. When you start your Loqbox journey there is a list of available partners that you can look at, based on which you make a decision. In my case, both partners I had selected as potential options were unavailable at the end of the 12 month period - meaning that I was faced with the choice of opening an account with services I did not like or to lose £30.

Given the service they provide, which allowed an expat like me (so no credit history whatsoever in the UK) to build credit much quicker than I would have, I'd say that £30 is well worth the price. Nevertheless, the non-guaranteed availability of partners at the end of 12 months is an issue, and it needs to be pointed out.
4

3 years ago

review by Cesare

Think loqbox is a great way to save money every month
And at the same time it helps build you credit score
After 12 payments I have a nice little nest egg
5

3 years ago

review by Susan

Easy to setup... Made my first payment... Looking for better days ahead...
5

3 years ago

review by Anthony

To get 50 points added to your credit score they take a payment with every payment you pay in and not a one off. Also I needed to close my account and unlock my money as things are tight what with covid etc. They will charge you for wanting your money.
An example I paid say £20 a month they took £10 for the 50 credit points so I was actually only paying £10 and not the £20 even tho I'm sure they took the first £20 for the 50 points. Then they wanted to charge £30 for me wanting my money or I could open another bank account and get it for free.
All in all I paid in £60 and will only see £10 of it.
1

3 years ago

review by John-Paul Chapman

Very easy to set up, took me 5 minutes to organise it all. Very useful way of saving and building my credit score.
5

3 years ago

review by Connor

It's only a few days since I decided to try Loqbox - I had high credit rating until all our benefits were stopped for over 18 months, leaving us unable to pay our rent/council tax, buy food or essentials and, of course, pay off our credit cards. Our total income was our disability and my small pension. Now been returned and I'm desperate to rebuild my credit rating, so have started to repay my debts while saving a nominal sum with Loqbox, which sounds like a good way of building my financial reputation back up. Look forward to updating this review when I have confirmation that it is working!
5

3 years ago

review by Skweek1

Improved my credit even when I drew out my money after 4 months. Fantastic service and a much better alternative to a savings account.

Only complaint is no app but not a big deal as the mobile website is fantastic.
5

3 years ago

review by Luke Hartley

Received an email stating I have completed my 12 months savings, congratulations. However !!!! I cannot enter my account to retrieve my savings, I gave loqbox the benefit of the doubt after my initial data leak, completed the whole 12 months! while paying their initial premium for free withdrawal. I’m left with a cyber bot and no way of accessing loqbox to retrieve my 12 months savings. Police action will need to be taken if this matter is not resolved ASAP ! Loqbox get in touch please .
1

3 years ago

review by N.a

I’ve never had a problem with Loqbox (other than the data leak) and I’ve just received my email to say my 12 month Loqbox is complete and I can redeem my funds. Been trying to log in for an hour now and it’s either freezing or showing an error message of ‘502 bad gateway’. I really hope this gets resolved or I will be taking this further.
1

3 years ago

review by Courtney Wightman

We browsed the web and found that this business has an active Facebook page. We have discovered that this business has SSL (secure sockets layer), which means that this business handles your data, such as personal information or credit card details, with secure connection. We found that the domain for this business is older than two years which could be an indication that this is a trustworthy business with an established customer base and experience in their field.
4

by Smart.Reviews

Loqbox.co.uk Review

No description for this company.

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