Can I make a smaller payment this month?

craig (1 year ago)

can i make a smaller payment this month and top it up before the next payment is due as i have started a new job and its monthly pay and my next payday is the 15th of june

FLM Loans (8 mths ago)

FLM are not able to change repayment amounts, you have to pay the amount you agreed to when the loan was paid out. In our experience it's a slippery slope for customer's, letting them reduce repayment amounts. We don't want to make things harder for you by letting you fall behind.

 

Understand that it's going to be difficult because you're starting a new job, but do what you can to make sure that the full amount is going to be available, because we going to have to try and take it. If it's not available, FLM will have to attempt it from your guarantors account. Try and move some money around if you can, maybe look at reducing your outgoings for the month.

Comments (4)

DIANA8 (11 mths ago)

I want to find my loan statemant..

FLM Loans (11 mths ago)

All you need to do is log into your online account with your username and password and the statement is on the front page.

none (7 mths ago)

the repayment is too high, what can i do to make my payment to you each month lower?

FLM Loans (7 mths ago)

Hi,

If your loan has been paid out, then you won't be able to reduce the monthly payment figure, as this has been stated in your agreement and accepted by both you and your guarantor. If you won't be able to maintain the payment, then your guarantor would be responsible for any shortfall in the full amount that you cannot pay on time.

Thanks


Tags: cant afford, cant pay, cheap, cheaper, financial difficulties, full payment, loan payment, loan repayment, lower amount, lower monthly payment, maternity, payment holiday, reduce repayment, reduced payment, repayment amount, repayment holiday, smaller payment, what if i cant pay