SafetyNet Credit Loans

Who and what are SafetyNet Credit?

SafetyNet Credit is a trading name of Indigo Michael Ltd. They provide an alternative to short-term loans, by securely linking to your bank account, monitoring it, and topping up when you are low in funds or about to go into an unauthorised overdraft.

Offering a permanent line of revolving credit, with no minimum or maximum repayment terms, their system enables either manual or automatic tops ups and can help you to avoid costly bank charges.

When you apply with CashLady, your application will be sent to SafetyNet Credit as one of the lenders in our lender panel. Applying through CashLady could increase the likelyhood of finding you a loan.

SafetyNet Credit Loans

What is the duration of a SafetyNet Credit loan?

There is no set repayment date for the money that you borrow from SafetyNet Credit, although there is a required monthly minimum payment, like other credit facilities, such as credit cards.

How much credit can you apply for?

SafetyNet credit offers a credit limit of up to £500 for all approved customers, which is available whenever you need it.

If you select, ‘auto-deposits,’ then you can set the balance level that triggers SafetyNet Credit to automatically send you a loan. Alternatively, you may borrow up to your available credit whenever you choose from your SafetyNet Credit dashboard.

What is SafetyNet Credit’s loan application process?

You need to complete an online application form, providing personal details, including contact details, an address history and bank account details. These will include your internet banking login credentials, as you need to link your SafetyNet Credit account to your current account (providing read only access.)

SafetyNet credit will then perform a loan affordability check, including a credit check and a review of the financial activity in your current account.

What are the requirements?

To apply for a loan from SafetyNet Credit you should:

  • Be over 18 years old and a UK resident
  • Be in employment
  • Have a salary or other regular income
  • Have a current account with internet banking

How quickly will I receive my loan from SafetyNet Credit?

You may select automatic top-ups or apply for credit manually, from within your account dashboard. Existing customers, who have already set up their credit facility, will typically receive money into their current account in less than 15 minutes, although a money transfer can take up to two hours, depending on the bank.

For new applicants, it may take up to 24 hours to set up a SafetyNet Credit facility, plus transfer the first loan instalment.

What do SafetyNet Credit charge?

0.8% per day for anything you borrow. Interest is charged daily, including the day that you first receive funds in your account.

How much will you repay?

Representative Example

Borrowing: £500
Interest: 0.8% per day for up to 40 days (292% per annum, variable)
Representative: 68.7% APR (variable)

Do SafetyNet Credit charge penalties?

SafetyNet Credit will only ever charge you interest on the sum that you borrow and do not charge any fees or penalties, even for late repayment.

even if safetyNet Credit don't charge you for a missed or late payment, late repayment might affect your credit score

Can I repay my SafetyNet Credit loan early?

You may select automatic repayments, whereby SafetyNet Credit will take the funds when you have them available in your bank account, and is designed to minimise the period of borrowing. You can also choose to make manual repayments, whenever you wish. Remember that the longer you borrow, the more interest you will pay.

Will SafetyNet Credit run a credit check?

All customers are subject to a credit check as part of the loan application process, however you may be accepted for SafetyNet Credit, even with less than perfect credit, or if you have been turned down elsewhere.

What help and support do SafetyNet Credit offer?

The SafetyNet Credit customer service team are available from 8am-7pm Monday-Friday and 9am-5pm on Saturday. You may call them on 0800 180 8400, or email them through the contact form on their website, and they will always try and get back to you within 24 hours.

Where can you find online reviews of SafetyNet Credit?

SafetyNet Credit works with business review platform TrustPilot, to provide online reviews from genuine customers. On the website, they have an average customer satisfaction score of 9.2 of 10 and are rated ‘excellent,’ by 83% of customers from over 5,346 reviews.

safetyNet is a trusted FCA autorised loan provider

What are SafetyNet Credit's FCA registration details?

When you apply for a loan through CashLady, we search for suitable quotes on your behalf and show you the lenders, including SafetyNet Credit, who will approve your loan and can offer the funds that you require.

We’ll use our in-depth knowledge of the market, plus portfolio of over 15 loan providers, to provide the relevant rates and prices, repayment terms and other important details that will help you to compare loan options and select the perfect financial solution for you.

Here’s a quick comparison table, highlighting some of the differences when you apply with CashLady:

Cash Lady SafetyNet Credit
Representative APR% 1272 68.7%
Loan Duration Up to 12 months Revolving
Repay Early Yes Yes
Panel of Lenders? Yes No
Loan Options (Number of Lenders) 15 1

How to contact SafetyNet Credit


0800 180 8400


Email using ‘contact us,’ form on website

Registered Address

2 Minton Place
Victoria Road
OX26 6QB

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Representative 49.9% APR
Representative Example
Amount borrowed: £1200 for 18 months
Number of repayments: 18
Interest rate p/a: 49.9% (variable)
Each repayment amount: £90.46
Total amount repayable: £1628.28
Secured By Comodo EV SSL members of the CFA

Customer Satisfaction & Reviews

CashLady is rated 4.5 stars by and Smart Money People based on 2350 merchant reviews is not a lender but is a fully regulated and authorised credit broker which introduces borrowers and lenders for the purposes of entering into short-term unsecured loan agreements. does not charge customers a fee for using its broker services, but it receives a commission from lenders or other brokers if a customer enters into a consumer credit agreement with a lender or broker following an introduction through this website. is a registered Trading Name of Digitonomy Limited, Registered in England and Wales (Company number 08385135), Registered Office; Steam Mill Business Centre, Steam Mill Street, Chester, Cheshire, CH3 5AN. Digitonomy Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register under reference number: 690249. Licenced by the Information Commissioners Office, (registration number ZA007309) *Once approved, your cash could be sent within 10 minutes. The time that it takes for the cash to be received in your account will depend on your bank’s policies and procedures. Loans available to over-18s only, subject to status © 2019