Safe Haven Services is a fintech company with a mission to help people safely escape toxic relationships.
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Research shows that financial abuse occurs in 98% of all domestic abuse cases.
Financial insecurity is listed as the number one reason people stay in toxic relationships.
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Financial abuse is a common tactic used by abusers to control their victims.
Financial abuse tactics include limiting the abused person’s access to money, credit, and vehicles.
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Without assets, victims cannot provide housing and meet basic needs for themselves and their children.
The lack of money, as well as bad credit scores, can make independence difficult to reach.
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Safe Haven Services can help people create emergency escape funds.
Digital security boxes provide safe, discreet, and private storage for money and documents.
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A secret account at a bank requires a permanent address. A digital storage box DOES NOT.
Money in a digital storage box does not appear on a ChexSystem report. Money in a regular bank does.
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A regular bank will send mail to the abused person’s residence, which can be risky.
Safe Haven will NEVER send mail to a residence where it can be discovered by the abuser.
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A regular bank will mail 1099-INT statements to the residence.
This can be concerning in divorce court if the victim files taxes with the abuser if undisclosed.
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Pre-paid debit/credit cards can be discovered by abusers, who could take the escape funds.
Safe Haven digital storage boxes are entirely online.
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Pre-paid debit/credit cards have numerous fees that can deplete funds.
Safe Haven digital storage boxes have a simple transactional fee.
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Money transfers from a debit/credit card to a Safe Haven digital storage box show up on statements as “brown bag” generic online purchases.
This enables the escape fund to remain in stealth mode.
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Once a survivor of domestic abuse/financial abuse escapes to safety, money can be transferred from the Safe Haven digital storage box to any new bank account.
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If the abuser has destroyed the survivor’s credit, making it impossible to have a bank account, money can be transferred through Western Union.
SafeHavenServices.co