Rating based on 65 reviews

Safety Net Credit

Updated
  • Personal loans up to £500
  • Low-interest starting from 68.7%
  • Repayment up to 40 days

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Safety Net Credit homepage
Author Safety Net Credit. Screenshot of Safety Net Credit website.
[Accessed May 16, 2023]

About Safety Net Credit

Safety Net has provided UK citizens with top-class personal loans designed to fit their needs and budget.

The company is a safe and secure credit card provider; they always ensure that all client details are specific and that authorized members only use their financial information.

Registered credit provider

These days, clients need to be extra careful about whom they choose to get a personal loan from because there are many online scams out there. Safety Net is a registered financial services provider, and they have a permit to issue credit.

Safety Net has taken all necessary steps to ensure that they are fully registered and authorized as a company. They are also authorized and regulated by the Financial Conduct Authority for Consumer Credit businesses.

Reliable and affordable personal loans

All decisions about a client's lending policies are made in a fair, affordable, and individualized manner. They make sure to check each customer's affordability to find the right product for them. Safety Net is allowed to lend clients the amount within their salary range, so they find keeping up with repayments easy. They make sure that the loan does not cause clients to get into more debt.

Affordable borrowing options 

With SafetyNet, clients can borrow a certain amount from their available credit limit and then repay the amount used with the added interest. SafetyNet automatically takes a repayment when there is an increase in the client's bank balance, but they can also manually repay any amount at any time. This service helps clients save towards interest as they don't ever have to pay interest for longer than they need to.

Safety Net Credit Services

SafetyNet offers online personal loans that are easy to apply for.

Clients don't have to leave the house or fill out any unnecessary paperwork. They offer a unique service that gives all customers access to quick, reliable online loans structured according to their needs.

SafetyNet personal loans for UK citizens

Those that opt for a personal loan from SafetyNet get access to up to £1000 credit. All loans provide full transparency concerning the interest charges and card fees. Clients use a free app on their phone or computer to manage their finances and optimize borrowing. Each customer can choose to make manual or automatic repayments to settle their monthly installments and use Smart Top-ups to protect them from overdraft fees.

SafetyNet rates and fees

To become part of the SafetyNet family is free of charge, meaning clients don't have to pay a joining fee. Interest is charged at 0,8% per day and gets capped at 40 days. The company does not believe in adding extra costs or hidden charges, as they want clients to save money and afford their repayments in the long run.

Added benefits

All clients receive the following added benefits when they choose to get their loan from SafetyNet:

  • Clients don't pay towards any sign-up or subscription fees
  • The company does not charge customers for making early repayments
  • Get access to a free comprehensive set of money management tools

Safety Net Credit – Personal loan

  • Loan Type Personal loans
  • Interest Rate from 68.7%
  • Loan Amount up to £500
  • Repayment 5 days to 40 days

Benefits of Safety Net Credit

  • Get a free app to help you manage your money
  • A transparent loan service
  • No extra cost or hidden fees

Personal loan calculator

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The interest rate of a loan will vary based on your credit score and risk profile.
This personal loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

SafetyNet the credit provider you can trust

The company provides flexible credit solutions that are easy to manage and minimize costs.

SafetyNet provides low-rate personal loans that can cover many types of emergency costs such as sudden repairs, medical bills, and even credit card debt. Clients apply for their desired amount of up to £1000 and then make monthly installments towards their debt.

To apply for a SafetyNet personal loan, clients need to visit their website and start the online application form. The website is managed on a 24-hour basis, allowing clients to apply whenever fits them best. Those that prefer to receive a personal consultation can visit one of the SafetyNet branches or phone a consultant.

SafetyNet lending criteria

Those that want to apply for a personal loan online need to meet the following criteria:

  • Bet a UK resident and provide proof of residence
  • Be over the age of 18, and provide proof of identification
  • Received a regular income and provided payslips or bank statements

The benefits of applying at SafetyNet for a personal loan

The application process provides the following benefits:

  • Clients can complete the entire application form within 8 minutes
  • Part of the quick application process is where SafetyNet does an affordability check within seconds
  • Get approved within seconds and receive funds within 15 minutes

Even if you have a poor credit rating

Clients who have a poor credit rating can still apply for a personal loan. Approval depends on the credit reference agencies' information and how recently the client had a bad credit history.

The company's commitment to responsible lending shares the client's repayment behavior with credit reference agencies. Positive repayment activity can improve a bad credit score.

All SafetyNet members have access to smart top-ups

Smart ATop-up provides clients with a service where the company automatically transfers funds when the client's bank balance drops below the SafetyNet personal loan level.

Smart Top Up provides a means to increase debt and interest, and while the company keeps stopping up clients' accounts, they are essentially rewriting their debt.

man holding thumbs up

Safety Net Credit is a trusted & reliable provider of personal loans

In our review, Safety Net Credit adheres to the compliance criteria in accordance with the Consumer Credit Act, where the granting the loan will not cause financial distress to the consumer.

✅ Safety Net Credit is a registered credit provider in UK: FCA number 715525

Customer Reviews & Testimonials

August 2019

SafetyNet came through for me when I need money to renovate my house

Angel B
— England —

September 2019

The interest rates I received on my SafetyNet loan was so affordable

Rihanna H
— London —

Safety Net Credit Contact

Physical Address

Opening Hours

  • Monday 08:00 – 19:00
  • Tuesday 08:00 – 19:00
  • Wednesday 08:00 – 19:00
  • Thursday 08:00 – 19:00
  • Friday 08:00 – 19:00
  • Saturday 08:00 – 17:00
  • Sunday