Guarantor Loans
The guarantor loan is a relatively new concept in unsecured personal loans. A high street bank will run a credit check on you and the decision will probably be made by a computerised system. At FLM Loans we don't believe that computers are always right so we make our decisions personally. With a guarantor loan you can initially borrow between £500 and £3,000 irrespective of your circumstances, providing you can provide a guarantor to back your application and with the option to top up to £5,000 at a later date once you qualify.
- Between £500 and £5,000 in your hand.
- Between 12 and 60 months.
- The cheapest sub prime loan available in the UK today.
- Overpay at any time or settle without penalty.
- CCJs/Defaults/discharged bankruptcies accepted.
- Applicants must have a Bank Account.
- Applicants must provide proof of identity.
- Guarantor must provide proof of identity and a copy of one month's bank statement.
- Guarantor required, must have a good credit rating.
- Guarantor must be a homeowner
The guarantor must meet the following criteria:
- Homeowner
- Aged between 23-67
- Employed or self employed for more than 16 hours per week
- Income of more than £800 per month
- Fairly decent credit score- regardless of the clients credit score
- Does not have to be related to client
