Can I change my guarantor?

(2 yrs ago)

My guarantor doesnt want to be my guarantor any more, can i give you a new one?

FLM Loans (5 mths ago)

You can not change your guarantor midway through paying back your loan.

 

The only way we can accept a new guarantor is if you were to top-up your existing FLM loan.  To top-up your loan we need to see that you've made a number of monthly repayments, on time. To see if you are eligible for a top-up, click here.

 

You can top up to a maximum of £5000 with a new guarantor

 

If you're not looking to top-up your loan or are not yet eligible, FLM cannot accept a new guarantor until the loan is paid back.

Comments (2)

owls40 (2 yrs ago)

my guarantor has changed their mind how do I change them on line?

FLM Loans (2 yrs ago)

If your loan has already been paid out then you will not be able to change your guarantor.

If your loan has not been paid out then you can go to your online application page and update your details for your new guarantor. You can log in by clicking the "my loan" tab on the top of this page.


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