Can I access the loan to spend it? Your LOQBOX Save is not a traditional loan. It's used to finance your LOQBOX Save, so you won't receive any credit to spend. You’ll be able to access your savings once you’ve 'unlocked' your LOQBOX Save, at the end of the 12 months. Related articles What is LOQBOX and how to use it? How do I close my LOQBOX Save? What happens when I’ve made all 12 payments? When will my credit score go up? Will 'unlocking' my LOQBOX Save early have a negative impact on my credit score?