What is a guarantor?

FLM is a new concept in unsecured borrowing. We don't look at credit scoring or residential status for the loan applicant, instead we ask someone who knows the applicant to guarantee the loan.

A guarantor is somebody who will support and back you up on your loan. It can be a friend, family member, neighbour, or even you landlord. There are unlimited possibilities of people you can ask.

The reason we lend money with a guarantor is because we believe that your friends and family know you better than a credit scoring system ever could.

We ask a guarantor to cover the monthly payment when you may be unable to. This allows us to keep lending and because of this, we can accept thousands of people who would otherwise be turned down, and offer a lower APR and better service than other sub-prime lenders.

Before choosing your guarantor you need to make sure we'll be able to accept them. Take a look by clicking here.