Why has my existing guarantor been declined for a top-up?
zoe85 (1 year ago)
I already have a loan with you and my repayments have always been made and I was contacted to say I could have a top up which i needed then was told my guarantor was declined but its the same one nothing has changed and the loan is always paid every month please could you tell me why that is
FLM Loans (6 mths ago)
Your top-up application is essentially a new loan application, it's just a quicker and easier process because we already know you! However, as your top-up is a new loan with a new credit agreement, we need to check that your guarantor still fits our criteria.
To check out the guarantor criteria, click here.
You can use your current guarantor or a new guarantor for your top-up as long as they fit our criteria above.