How does LOQBOX Spend build my credit score?

LOQBOX Spend is a credit account, sometimes called a line of credit. We report this account — including your balance, your credit limit and how you manage your payments — to the credit reference agencies each month. 

When you pay regularly and on time, it shows lenders that you’re able to handle regular credit like loans, credit cards and mortgages and this grows your credit score. 

Learn more about how LOQBOX Spend grows your credit score