There are a lot of payday and short term lenders in Australia such as Safe Financial in Bundall, but the reviews are often a hit and miss affair.
We’ve decided to take a closer look at Safe Financial and what to do if their debt collectors are chasing you for payments. After all, a lot of these can be aggressive.
If you want to know the truth about Safe Financial, then we’ve got you covered in this review! Plus – how to deal with demanding debt collectors today!
Let’s start this off!
Safe Financial Review
If you’re looking for a small cash loan, then you’re in the right place. These guys are the expert at this.
At the same time, they also do car loans and home loans. In some cases, they even help businesses to finance for equipment and other incidentals.
If you read the online reviews of Safe Financial, it looks very promising. Trustpilot, for instance, shows a score of 4.9 stars. That’s quite impressive actually!
So it’s clear that many people are happy with their services. Some people, on the other hand, might leave a 1-star review, but these should be taken with a grain of salt.
Being on the Gold Coast, you would think that they only serve local people in Queensland. Truth be told that they serve people Australia wide.
This is because these days you can complete an online loan application these days quite easily. Just submit your documentation and you’re set to go!
We must say, here at The Debt Free Community we’re impressed by the reputation of this company. Clearly, they go the extra mile to help their clients get approved.
At the same time, they can’t guarantee approval. They’ll do their best, but it comes down to the individual and their level of motivation really.
More importantly, you need the financial means to pay back the original debt. That’s regardless of any loan you choose. And if you choose a Pay Day loan, the interest is often much higher.
And while we’re advocates of living 100% debt free, we know that this isn’t entirely possible for most people in Australia. Life just throws at us some real curve-balls sometimes.
So we’re just glad to have found one of the few financial brokers in Australia that we’d actually recommend!
Let’s get into some other juicy details.
Using Safe Financial for bad credit
If you’ve had a rough ride and your credit history has some red marks, then looking for a specialist lending provider is often a great idea. This gives you a chance to start fresh again.
Maybe it’s for another car to get to and from work. Perhaps it’s to make much-needed repairs to the house. Or even move interstate for work.
Either way, you can certainly apply for finance with Safe Financial even if you have bad credit. What you’ll want to do is make sure all your paperwork is in order.
Also, you’ll want to be upfront and honest. After all, they can and will check your credit report. If you have had payment problems in the past, then just be upfront.
The thing is: You can expect your interest rate to be higher than the average Joe. This is because the bank that Safe Financial recommends will be a bit concerned that you won’t be able to make repayments quite so easily. You might default again!
We’ve heard reports of up to 30% interest rates (absurd!) with some lenders, though it seems that these guys don’t really take this approach. They instead are quite fair.
Just remember that if you have bad credit, then taking out additional finance isn’t something we would recommend here. Taking on a 2nd job or driving for Uber often a better approach.
Dealing with Safe Financial Debt Collectors
If you’re being hassled by Safe Financial’s Debt Collectors because you missed some payments, then we have some great news! You’re probably avoiding the phone calls because it’s daunting and your bank account is slim. We can talk to them on your behalf so you don’t need to worry!
Are there better alternatives?
Not really. These guys are one of the top finance companies in Australia specialising in short-term finance. That said – they can still help with car, home and business financing too. Their online reviews prove that they’re worth doing business with!
How can you help?
If you’re in challenging financial times, they our recommended phone service can help you through these troubling times. Right now is not the time to be ignoring contact from debt collectors.
If you’re looking for a good financing company in Australia, then you’ve found one of the best.
At the same time, we generally don’t recommend Pay Day Loans. You can often pick up a part-time job or drive for Uber instead.
But then there are times where this isn’t possible for you. From evaluating their customers on TrustPilot, it’s clear that Safe Financial is indeed SAFE.