Loqbox has announced a partnership with ClearScore to launch embedded support for credit applicants who have been declined and enhance their financial prospects.

The initiative builds on an existing collaboration between the two companies, integrating ClearScore’s new Embedded Finance feature, which offers personalized credit proposals for both cards and loans.

Now connected to ClearScore’s credit marketplace, Loqbox provides instant alternatives when users are denied credit. This approach aims to give users practical means to build their credit profile, improve eligibility for future products, and boost long-term financial resilience. Both companies will continue to cater to the evolving needs of customers while adhering to regulatory standards.

Details on the Loqbox and ClearScore partnership

The official press release indicates that the referral is designed to enable users to access Loqbox’s resources precisely when they need it most. This launch extends their prior credit-building efforts and lays groundwork for future developments, such as optimized data sharing and performance improvements.

This move comes during a period where rising living costs have led many individuals to be sidelined from traditional credit channels. With increasing household expenses, higher interest rates, and stricter lending conditions, financially responsible users may face challenges in passing affordability tests, making it harder to obtain credit. Through providing immediate next steps at critical moments, the initiative intends to equip people with practical, secure tools for building their credit score and securing a brighter financial future.