Can I cancel my Loqbox Save at any time?

Erika
Erika
  • Updated

If you decide to cancel your Loqbox Save, you can do so by unlocking your savings. It's super simple. When you unlock your Loqbox Save, you'll receive back the amount you've paid thus far. Don't worry about any unpaid portion – that will be used to settle the remaining loan. So, you can unlock whenever you're ready, without any worries about being left with debt.

 

Just a friendly reminder, though – unlocking early might affect your credit history if you haven't made enough regular payments.


Loqbox Save typically raises credit scores by a fantastic  average of 145 points in the first year so we do encourage you to continue saving and boosting that credit score!