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SafetyNet Credit Loans @

SafetyNet Credit Loans
The SafetyNet Credit loans are in popular demand with being one of the UK’s top visited short term lending sites. This company that was launched in 2012 has become the central trading brand of Indigo Michael Ltd. They had started out a little earlier using the identity of ClearAccount, but this has since been phased out for lending and replaced as a financial tool. SafetyNet’s market reputation was solidified when they picked up Credit Today’s 2015 Alternative Lender of the Year (Specialist Consumer) award. Since this time, they have gone from strength to strength. This service isn’t advertised much, but they are managing to attract brand loyalty in spades through 2 areas of distinction.

This is through overdraft protection (Safety Net) and 24/7 flexible lending (Credit). Online banking access is always required. With overdraft protection all you need to do is switch on auto-deposits. When this is selected and they are alerted to a payment that has taken you into the red they’ll initiate a quick transfer to cover this and protect from those excessive unauthorised banking fees. You just need to pay interest at 0.8% daily. We are a great fan of the SafetyNet Credit loans when it comes to general borrowing. They issue here a line of credit where there is no fixed term in place. An initial limit will be set between £100 and £500.

This is the same for new and returning customers. Whilst the main starting limit is £100, you can request any amount between £20 and your limit. Each choice impressively rises in tiny £1 increments. You again, pay interest for however long that you’d like the funds (shorter borrowing is advised since the interest is fixed). A payment can be requested through the SafetyNet Credit login 24/7. First time applicants will however need to get their account approved between Monday and Friday (8am/7pm) or on Saturdays (9am/5pm). This service works similar to Lending Stream’s Drafty. The difference here is that bad credit is considered, whilst with Drafty you’ll need to have a much cleaner record.

Pricing Examples…
£5.60 /£100 (7)
£24 /£100 (30)
£216 /£300 (3)
£432 /£300 (6)
£2920 /£1000 (12)

Data Taken from March 2017.