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Claim your SafetyNet payday loan refund

This payday loan company has gone into administration. This means you can no longer claim, but you may still have a claim with another lender, so why not check now?

Home E Financial E Payday Loans E SafetyNet

Who are SafetyNet?

SafeyNet are a trading style of Indigo Michael Ltd established in 2011. Unlike other loan companies SafetyNet offer a flexible line of credit of up to £500 to new customers and £1000 to repeat customers at 0.8% interest per day. Their USP is that they use Open Banking to link to your bank account allowing them to monitor your account and either top up or repay as required.

What’s the current situation?

As of 9th January 2023 AlixPartners were appointed Joint Administrators of the Company and are no longer accepting loan applications. If you have an outstanding balance the websites advises you to continue with payments. For more info, please visit the SafetyNet website external link icon light blue

What is the deadline?

Unfortunately as the lender is now in administration you cannot make a claim. 

Key stats

Success Rate
The FOS are upholding claims against SafetyNet as reported in this case in 2016. The FOS ruled that the information they had suggested the claimant was living beyond his means and therefore further borrowing should not have been granted, suggesting that SafetyNet may have been lending irresponsibly. If you’ve had a loan with SafetyNet in the past, you should check now.

Average Payout
Based on our own data, the average claim is £1,604.06*

*Data from cash refund offers received by Clear Legal Marketing Limited’s clients between 1st May 2021 and 30th April 2022.

**Year End 2020 – Companies House 

Why choose Claims Bible?

100% Confidentiality

Being discreet is part of our business, our legal representatives will never discuss your case without your permission.

Proven Track Record

So far we’ve handled over 10,000 cases and claimed back over £2,000,000 for our clients so you are in safe hands.

Claim Professionals

We partner with specialist firms so your claim is handled by an expert who is familiar with your type of claim.

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You may still have a claim

We cannot claim against this lender because they are in administration. However, that doesn’t mean you may not have another claim against another lender. Our software checks multiple lenders in just 5 minutes, so why not check now?

You do not need to use a claims management company to make your complaint to your lender. If your complaint is not successful you can refer it to the Financial Ombudsman Service for free. Claims Bible does not charge you for our service, we may be paid a fee by the final supplier for any introductions. This will not impact on any costs incurred by you.