You should close your Pockit-LOQBOX right away. 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 rating.
Articles in this section
- How does it work?
- Is this a loan?
- Is my money safe?
- How can I add money?
- What time do you take payment on my chosen payment date?
- Can I change my monthly payment date?
- Can I pay a different monthly amount or add extra money if I have it?
- What if I struggle to make my monthly payments?
- Can using LOQBOX hurt my credit score?
- How much will my credit score improve if I use Pockit-LOQBOX?