Safestone Financial Review: It’s Not A Lender, But Is it a Scam or Legit?

Safestone Financial Review

Disclosure: We receive advertising revenue from some partners. Learn More


Safestone Financial is a company that offers debt consolidation services. But is it a scam or legit? Some people have had great experiences, while others have had horrible experiences. So what’s the truth? In this Safestone Financial review, we’ll take a closer look at their services and see if we can answer that question.


Safestone Financial is a company that provides people with information about lenders. They are not a lender themselves but instead work with third-party lenders. This means that Safestone sells your personal information to these other companies. So, before you use Safestone’s services, be aware that your info will be shared.

Let us now discuss the services Safestone Financial provides. The company claims to offer debt consolidation and debt settlement services. However, there are some limitations to this approach. In the first place, they do not lend you the money. It is simply a means of connecting you with lenders. Therefore, if you wish to consolidate your debt, you must work with a third-party lender. In addition, these loans are typically associated with very high-interest rates.

Consider comparing interest rates before using Safestone Financial for debt consolidation.

Safestone Financial Logo

Safestone Financial Pros And Cons

Safestone Financial is a company that provides lead-generation services to other businesses. This means that your information will be sold to other companies interested in your products or services.

Furthermore, Safestone does not have an account with the Better Business Bureau. There are no reviews of the company from customers.

Ads Powered By Medallion

See If You Qualify for
Debt Consolidation in
  30 Seconds

There are some advantages to working with the company. As an example, the application process is simple and easy to use.

But overall, there are more cons than pros with Safestone Financial. Before you use their services, you should be aware of their pitfalls.

What Is Safestone Financial?

Lead generation company Safestone Financial sells your information to other lenders. It often advertises one thing and then tries to sell you another to get leads, which is called bait and switch. Consumers who are searching for a particular product or service can find this very frustrating.

Safestone is known for its aggressive sales tactics. This can make it difficult to say no to doing business with them. However, it is important to do your research and understand exactly what you are getting into before making a decision. Otherwise, you may end up regretting it.

Safestone Financial Review Mail Offer

Have You Received A Pre-Approved Offer From Safestone Financial?

Have you received a confirmation number and a website address with your name at the end of your pre-approved offer? Did your pre-approved offer say: “You are pre-approved for $75,000 at a fixed interest rate of 6%”?

Has your pre-approved offer shown a reduction in your interest rate from 21% to 6% APR? According to your pre-approved offer, your monthly payment has been reduced to $811 from $1720.

Was your pre-approved offer showing you savings of $27,079 in total interest and $909 per month?

It seems too good to be true.

See If You Qualify for Credit Card Relief

See how much you can save every month — plus get an estimate of time savings and total savings — with your very own personalized plan.


Then you start looking for reviews.

How Does Safestone Financial Work?

The company sells your information to other lenders, which could result in multiple unsolicited loan and credit card offers. Safestone also uses bait-and-switch tactics to get leads. When you apply, you will be offered a higher rate even though the company advertises a low-interest rate.

This is how Safestone makes its money – by tricking people into paying more than they should. You should be aware of these practices if you are considering using this company.

What Kind Of Loans Does Safestone Financial Offer?

Safestone Financial is a company that offers loans for both individuals and businesses. However, many customers have complained about the high-interest rates they were charged, as well as not being able to get the loan amount they needed. As a result, it is advisable to be cautious when considering taking out a loan with this company and explore other options that may be available.

How To Qualify For Safestone Financial

To be eligible for a loan from Safestone Financial, you will need to have a verifiable income and a good credit history. Additionally, you must be either a US citizen or have permanent residency status and be at least eighteen years old. Meeting these requirements means that you can then apply for the loan, online or over the phone.

After you apply for a loan, Safestone Financial will review your application and sell your information to different lenders. Once you have been approved for a loan, you will be given a list of lenders from which to choose. Afterward, you can select the lender with the best terms and interest rates.

Many companies offer better terms and interest rates for debt consolidation loans than Safestone Financial. Do your research to find the best option for you and your financial needs.

How Much Does Safestone Financial Charge?

Be sure to factor in Safestone Financial’s fees when budgeting for your new monthly payment if you intend to use them to assist with your debt consolidation. While they may be able to save you money on interest charges, their fees can quickly accumulate. Before making a decision, ensure that you have compared all your options.

You Are Pre-Approved, Does That Guarantee Credit?

Unfortunately, it does not. Pre-approval for a loan or credit card does not guarantee you will be approved for the full amount. The lender will still need to review your financial history and assess your ability to repay the loan before making a final decision. Don’t get too excited about that pre-approval letter – it doesn’t guarantee funding.

What Is The Minimum Credit Score For A Safestone Financial Loan?

There are a few things that you should know before applying for a Safestone Financial loan. Firstly, their minimum credit score is 620. However, this does not mean that you will be immediately accepted just because your score meets this number. Other factors come into play when considering a loan application, such as employment history and current debt load. Having said that, having a credit score of 620 or higher gives you a better chance of being approved for a loan from Safestone Financial.

Make sure to check your credit score before applying for a loan with Safestone Financial if you are considering applying for one. A higher credit score will increase your chances of being approved for the loan, and may also result in lower interest rates.

How Does Safestone Financial Affect Your Credit?

Safestone Financial Review: It's Not A Lender, But Is it a Scam or Legit? 1

Your credit score may be negatively impacted by the hard pull inquiry conducted by Safestone Financial’s network of lenders. Late payments will be reported by the lender to the credit bureaus, affecting your credit score and your chances of obtaining new lines of credit. To avoid late payment fees or penalties, we recommend that all customers stay up-to-date on their payments.

How Do You Pay Back Safestone Financial?

Safestone is not a lender, so they cannot be paid directly. Their income is derived from the sale of your personal information. However, there are a few ways in which you can help offset the costs associated with their services.

Debt can be a difficult thing to manage on your own. However, there are options available that can help make the process easier. One option is to try and negotiate with creditors to get a lower interest rate or monthly payment. This could save money in the long run and help pay off debt more quickly. Another option is to transfer balances to a 0% APR credit card or take out a personal loan with a lower interest rate. Both of these choices could help save money and pay off debt more efficiently.

One way to get ahead on your debt is to make extra payments whenever you can. This will help you pay off the debt more quickly and save money on interest charges. You can also consolidate your debts into one monthly payment, which will help you better manage your finances and keep track of your payments.

Before making any decisions, make sure to research and compare interest rates. In the long run, this will save you money because you will be able to pay back Safestone Financial in the most efficient way.

How To Cancel Your Safestone Financial Loan

It is not possible to cancel a loan with Safestone Financial since they are not lenders. If you have questions or concerns about your loan, you can contact their customer service department. Unfortunately, the majority of customers have reported difficulty contacting the customer service department. You may wish to consider filing a complaint with the Consumer Financial Protection Bureau if you are unable to resolve your issue with customer service.

Applying for a loan through Safestone and being approved does not mean that you are automatically obliged to accept the loan. You may cancel your application at any point before receiving the loan funds, and ask for a refund of your application fee. However, once you have received the loan funds from their network of lenders, you will be held responsible for repaying the loan in full according to the terms of your loan agreement. Should you have any questions about repayment or require assistance making a payment, please do not hesitate to contact your lender directly.

Before signing any loan agreement, ensure that you have shopped around and compared offers.

Safestone Financial BBB Reviews

There is no accreditation from the Better Business Bureau (BBB) for Safestone Financial. The company doesn’t even have a BBB account.

It’s even stranger that Safestone Financial doesn’t have a Trustpilot account. For a financial institution, this is very unusual.

It makes us wonder about Safestone Financial’s legitimacy since they don’t have a BBB or Trustpilot account. Dealing with them would be very risky.

Is Safestone Financial Legit Or A Scam? does not act as a lender. Another red flag is that they do not have a BBB account.

We have awarded Safestone Financial a 2-stars rating (data collected and updated as of December 13, 2022). If you are considering doing business with the company, we hope the information below will assist you in making an informed decision.

  • The company is not a lender.
  • The company appears to be operating a bait-and-switch scheme – but not for themselves but for their lead buyers. They offer you an unlikely 6% interest rate to lure you in.
  • It does not inform you that excellent credit is required to qualify for the low-interest rate loan (which you have supposedly been pre-approved for).
  • The following language appears on the back of their direct mail offer. “This correspondence is for a debt consolidation loan referred by Safestone Financial. All loan requests are funded by a third party. Safestone Financial has no control over participating lender creditworthiness eligibility criteria. APR/Interest Rates will vary depending on individual lender terms.”

If you are dealing with the finances of you and your family, it is imperative that you conduct your own research and due diligence on any company.

How would you rate Safestone Financial? Have you had any positive or negative experiences with them? Feel free to share your thoughts in the comments below! Be sure to research loans thoroughly before you take one out!

Thank you for reading!

Leave a Reply

Your email address will not be published. Required fields are marked *