How does Loqbox Rent work?

  • Updated

Harnessing Loqbox Rent's credit-building  potential is as simple as 1-2-3:


1. Connect your bank 

Securely link your bank account to Loqbox Rent. Our technology identifies your rent payments seamlessly.


2. Pay your rent as normal 

Make your regular monthly rent payments, just like you usually would. We take care of the rest, reporting them to Experian  once you have made 6 rental payments, helping build your credit history.


3. Elevated opportunities

Having an improved credit history opens the door to superior credit deals. Showing that you are dependable at paying your rent can give you access to better interest rates on loans, credit cards, and mortgages in the future.


Your journey to a brighter credit future matters to us. If you need answers or support, we're here for you. Let's pave the way for your financial growth!