How do i know when i have definetly been accepted?
sophxx (1 year ago)
Me and my gaurantor have both signed and sent of the forms so does that mean i have definatley been accepted and will be reciveing the money?
FLM Loans (7 mths ago)
FLM will accept anybody over 18, apart from those who are bankrupt or on an IVA. We don't judge people based on their credit history, all we ask is that you can provide a guarantor that meets our criteria
So to answer your question, yes, you have definitely been accepted, what we do need to confirm is whether your guarantor can be accepted. Before you return your form, it's important that check your guarantor is suitable by reading through our criteria. If your guarantor is turned down your caseworker will either call you or text you telling you so. If this happens you have still been accepted for the loan, you just need to find a more suitable guarantor.
Your caseworker will still get in touch if your guarantor is accepted, as they need to go through the details of the loan and confirm the terms and conditions with you.
Check the guarantor criteria by clicking here.
Comments (20)
FLM Loans (10 mths ago)
What we say is correct, we can accept anyone no matter what their circumstances are, as long as they provide a suitable guarantor. Because we ask them to be suitable, we have to check that they meet the criteria in order to pay out the loan. If they don't meet the criteria then we can't pay out. It's likely that we're simply waiting to complete the necessary checks on your guarantor.
paul 1 (10 mths ago)
how can i be sure this isnt a scam and that i will definately will get my loan.
FLM Loans (10 mths ago)
We are a ligitimate loan company, not a scam. To give yourself the best chances of getting your loan, you just need to find a guarantor who meets our criteria. Without that, we won't be able to pay out your loan.
john (10 mths ago)
hi my mother in law has said she will be my guarantor, she has fair credit. how long would it take for the checks etc and for the loan to be paid. thanks
FLM Loans (10 mths ago)
Once you send your forms back to us, we will text you to let you know. It's normally about 48hrs until we can look at your application, then a caseworker will complete the necessary checks and then call you back to let you know. 48hrs is an approximate time to hear back from a caseworker - it all depends on how busy we are.
sean (10 mths ago)
hi i was wondering if my loan has been accepted and will i be informed of my loan being paid out thanks
FLM Loans (10 mths ago)
Before any loan is paid out we complete a verbal contract with yourself and your guarantor. If we get to this stage, then your caseworker believes that your loan is suitable to pay out. Of course the final say lies with the Underwriters but a caseworker wouldn't phone you to go through all of your details if they didn't think it was worth paying out.
Godfrey31 (9 mths ago)
Does it take more than 48 hours to get a answer for a loan application.
FLM Loans (9 mths ago)
Generally speaking no, it shouldn't take any longer than 48hours for your application to be looked at and assessed. However currently we're very busy and it may take longer than normal for a caseworker to call you back. We really appreciate your patience
mgm (9 mths ago)
Why did my case worker ask me about what I was paying in bills per month? I thought as long as my guarantor was sound that was that?
FLM Loans (9 mths ago)
We still have to check that you're able to make your repayments as a standard check on your part.
gomo (9 mths ago)
imve applied for a small topup as its nearly finnished and ive never missed a payment and am using the same guarantour .will i get accepted ?
FLM Loans (9 mths ago)
We wouldn't be able to give you a definite answer now, we would need to complete the necessary checks to make sure we can pay out your topup. However as long as you have made your payments on time for a long enough period of time, you will be elgible to apply.
shelley88 (6 mths ago)
i had a email saying my loan has been deposited into my flm account and that iv been accepted?
is this true?
iv sent the forms back and filled out the application form?
thanks
FLM Loans (6 mths ago)
Hi Shelly88,
Yes you have been accepted for an FLM loan and the money has been set aside for you. What you need to do next is provide a suitable guarantor that meets all our lending criteria: They must be a UK Homeowner, they must have a good credit rating and they must be between 23 & 67 years old.
Sam (5 mths ago)
I have just been turned down as I had an iva. My payments finished in may, so why wont you accept me?
FLM Loans (5 mths ago)
Hi Sam,
If you can prove that your IVA has now finished, we can still accept you for an FLM. If you apply, please send in the relevant paperwork with your application. If it is sufficient we can proceed with your application.
chris5384 (4 mths ago)
Hi, I sent back the forms last week with mine and my guarantors signature and we have both filled out our details on here. When am i likely to know if it all accepted?
Thanks
FLM Loans (4 mths ago)
We will text you when your form has been recieved. We will then call you and your guarantor to arrange payout if your guarantor is suitable. If your guarantor fails the checks then we will let you know by text, email and letter.
Dan (10 mths ago)
Hi,
I have applied for a loan to consolidate some previous debt. FLM states anyone is accepted along with a suitable guarantor. However, after speaking on the phone to FLM I am now awaiting my acceptance. Does this mean its likely I will not be able to receive a loan at all?
Thanks