LoqBox To build credit

Minibiker · 1 May 2021 at 18:23

Hi all

Ive been looking at my Credit score over the last few months and the score is staying the same, even though i have £0 Debt to my name and no missed payments for the last 2 years...

I came across LoqBox when i was on my Clearscore and just want to know if it's helped anyone, I just want to get a more solid credit score but in a way i know i can get without getting a check which could potentially knock my score down

Any help appreciated

Cheers

Minibiker · 1 May 2021 at 18:47

MissChief said:
How good is your credit? Above average for your area? I get the impression it's for those with low scores.

My score is 557 and has been that for about 4 months

dLockers said:
Just get an Amazon credit card and buy everything you normally would on it, with payment cleared in full via direct debit. No special fangled devices required. If you can even qualify for an Amazon card then get yourself an Aqua card.

I've not thought about the Amazon card, will check that out now, cheers bud

Minibiker · 1 May 2021 at 18:52

dLockers said:
Just get an Amazon credit card and buy everything you normally would on it, with payment cleared in full via direct debit. No special fangled devices required. If you can even qualify for an Amazon card then get yourself an Aqua card.

Is this the Platinum Master card?

Minibiker · 1 May 2021 at 19:16

dLockers said:
If you're taking finance from a used car dealer you have a bigger issue than credit score. Their rates are atrocious and the product is designed to thrive on the 'poor'.

That's the one. Its one of the few rewards card worth having, especially so if you use Amazon.

Edit: I haven't recommended AMEX but platinum everyday card is universally better but on the off chance you need a non AMEX it will cause you a minor inconvenience. If you have no reason to think your score is bad though, go direct to AMEX Platinum everyday cashback card. It'll out perform the Amazon card everywhere except Amazon. Both made a great pair to take advantage of all opportunities.

Me and the wife use Amazon a lot over a month between paydays, buying kids stuff and the wife buys sewing bits from there, so I may see if I can get the Amazon card to help me out abit... I'm guessing Ill be given a date to pay the balance which will then look good to the credit score