Being self-employed, or part of the gig economy, gives you the freedom to work on your own terms. But without a fixed monthly salary, your income may naturally vary throughout the year.
BufferMoney is a personal line of credit designed around real-life financial needs. It gives eligible customers a pre-approved borrowing option that is ready if and when they need it.
BufferMoney is a personal line of credit, not a business loan. It is designed to give self-employed customers flexibility with personal finances and business related cash flow.
With BufferMoney, eligible customers have a financial Buffer of pre-approved funds they can choose to use when needed.
Being self-employed can bring flexibility and independence, but personal finances can sometimes be less predictable when income changes month to month.
BufferMoney provides reassurance by giving you access to an approved personal line of credit that is there when you need it, while leaving the choice with you.
BufferMoney gives you greater control over your finances, because your credit limit is available for any time it may be useful.
At BufferMoney, we understand that self-employed customers and those in the gig economy may have different income patterns compared with employed customers.
As a responsible credit provider, we use affordability checks and credit assessments to support responsible lending. We assess your individual circumstances to help ensure borrowing is manageable.
BufferMoney is provided by a well-established UK financial services business with over 20 years’ experience. We are regulated by the Financial Conduct Authority and committed to responsible lending and transparent communication.
Use our soft search eligibility checker to see if BufferMoney could be suitable for you.
Once you know you’re eligible, you’ll want to find out your interest rate and credit limit. We’ll ask you a few more questions here like your income and any existing borrowing you might have, to determine what’s best for you.
Once you’re happy, you can easily accept your offer online.
Register on the portal, where you can access your line of credit and transfer funds straight to your bank account.
You must make your minimum repayment each month. If you want to pay more than the minimum amount due, every additional pound tops up your Buffer, so it’s ready when you are.
Consider your options carefully
BufferMoney is a borrowing commitment and should only be used where repayments are affordable. Borrowing should always be affordable.
