FLM Quick are a payday lender that offer their services to anyone with bad or no credit history, including those that have CCJ's, defaults, or are unemployed.
The Representative APR of 199% is also the lowest of any lender in the UK. The amount you have to pay back for every £100 you borrow is £109.74 - a bargain in pay day loan terms. But read on...
They are able to offer such an amazingly low rate due to the requirement that you provide a Guarantor who has a good credit history. The decision-making on whether to lend or not is made against your Guarantor's credentials, not your own. But you, not the Guarantor, receives the loan.
Your Guarantor will be credit checked but they will only check that you, as the applicant, are not Bankrupt nor on an IVA.
Your funds can be transferred same day.
They do have a secure HTTPS web application form.
New customers can borrow up to £500 which is one of the highest first-time loan amounts of any payday lender in the UK.
Advantages: We recommend FLM Quick as they are perfect for those of you that have bad or no credit history provided you can get someone to agree to be your Guarantor (typically a family member or a friend).
As long as you pay the interest when it's due, you can repay the loan balance whenever you want to.