From 31/12/21 we are not able to offer Pockit LOQBOX to new customers. Customers with existing Pockit LOQBOX are unaffected.
If you can’t make a month’s payment for any reason, you have two options:
- Unlock your Pockit LOQBOX before your payment date and get all your savings back. This means you won’t keep building your credit history and it will be reported as a settled debt, but this is much better than missing a monthly payment, which will hurt your credit score.
- If you miss a payment and don’t unlock your Pockit LOQBOX before then, it can hurt your credit score.