Guarantor Payday Loans

Posted by on November 21, 2011 No comments

A guarantor loan is a loan that is backed by a 3rd person, someone who will repay the loan if the initial borrower cannot repay it themselves. A payday loan is a loan that is repaid when you get paid at the end of the month, in theory it should be “guarantored” by your pay packet. The thing is, payday loans are usually only connected to your salary by name and not by contract. This means you can still add a guarantor to the contract, and this is how guarantor payday loans work.

They are way cheaper than regular payday loans, but they can take a little longer to setup as the payday lender will need to speak with your guarantor and get both yours and his signature. By longer we are usually still talking a same day loan and often the payout will take place within 2 hours of the application.

Other Payday Lenders

Posted by on November 16, 2011 No comments

While we are firm disciples of FLM Quick as one of the best and cheapest payday lenders in the UK there are also other payday lenders. One of the major issues when trying to find a good payday lender is the rules associated with it. Whether it is charges or the basic requirements. We could spend our time writing these for you but we found a great site that explains all of this information as well as having an excellent list of payday lenders.

You can find out:

  • Basic requirements for getting payday loans.
  • Restrictions that prevent you from getting a payday loan.
  • Charges, hidden or otherwise, which is really useful.
  • List of payday lenders.
  • List of payday lenders only, that means companies who provide only payday loans.
  • Information on payday loans and guarantor payday loans (like FLM Quick) so you understand what they actually are.

It’s a great site and we recommend you check them out, and just because we love them so much here is a link to their information about FLM Quick Loans.

FLM Quick

Posted by on September 7, 2011 1 comment

Cheapest Payday Loans

FLM Quick loans are payday loans mixed with a guarantor loan. This means they can charge a much lower rate of interest than normal payday lenders. It take about 60 seconds to apply for an FLM Quick loan.

FLM Quick Requirements

  • You can be be 18 years old and over
  • You must be a UK resident, you can be from overseas
  • Bankrupts and people on IVAs are not eligable, even if the guarantor has a perfect credit score
  • You must have a current credit card, or debit card to signify you have a bank account
  • As the loan application needs an email or mobile phone number you must have one
  • Have a suitable guarantor

What is a suitable guarantor?

Anyone who has fair credit and is over the age of 18 can be a guarantor. This makes finding one a lot easier.

FLM Quick Loans

Posted by on September 4, 2011 2 comments

FLM Quick are a payday loans company that specialise in getting payday loans to the unemployed and people with bad credit. They created a new type of payday loan, the guarantor payday loan. It means if you can find someone with good credit to back your loan then you can get an FLM Quick Loan. They’re cheaper than payday loans and easier.