FLM QUICK REVIEW
FLM Loans started their innovative lending business in 2005. The innovativeness being the fact that they do not base their decisions on a customer’s credit scores but on whether their friends trust them, i.e. whether a customer can find a guarantor for their loan.
Their APR is 199% and they charge interest by the day, so the less time it takes you to repay your loan, the less it will cost you. If you take out £100, you are required to repay £109.74. With a typical interest charge being £25, this is by far the lowest interest fee available in the UK payday loan market.
FLM Quick provides guarantor loans that start from £50 and go up to £500. This range is quite average among payday lenders.
They have a secure online application form.
FLM Quick offer same day transfer and promise to have the money delivered to your bank account within 1 hour.
They do not perform any credit checks as mentioned above.
The company requires no documents to be faxed in, the entire application process is online.
As FLM Quick supplies guarantor loans, they do not have stringent qualification criteria, such as being employed full-time etc.
In order to be able to take out a loan at FLM Quick you need to have a valid debit card.
