Safe Loans is one of the larger players in the UK short-term loan industry. However, they began life over 20 years ago as a regular loan company. Over time, they realised that there was a niche market for short-term loans, so developed products to meet the needs of this growing group of consumers.

What Safe Loans Have to Offer
Unlike many of their competitors, they allow people to borrow money for more than one month. Loans can be taken out over a period of between a few days and four months. Safe loans let consumers borrow up to £400. They will pay the money into the customer’s bank account in as little as an hour should that be necessary. However, there is a small additional charge for this service. Therefore, most consumers plump instead to receive the money within one or two working days. Their loans are flexible, therefore, should somebody be able to pay them back early they can do so without penalty. Interest is charged on a daily rather than a monthly basis.

To qualify for one of their loans is easy. You need to be aged over 18 have a UK address and bank account. In addition, you need to be in regular paid employment and has sufficient funds to pay back the loan. The application process is easy you provide them with your details and they tell you if they can lend you the money almost immediately. However, because their decision is based on the application it is important that you give them the correct details. This is because later they will verify the validity of those details. Should they find anything that does not add up their offer of a loan would be immediately withdrawn.

Why Use Safe Loans
The fact that Safe Loans offer such a fast and effective service is a good way reason for using them. In addition, they are also members of the CA (Consumer Credit Association) and the BCCA British Cheque & Credit Association). They follow the code of conduct of both associations to ensure that the service they offer is competitive and fair for all of their customers.