Using virtually all loan corporations looking for ways to reject client by using credit problems, the unfortunate credit history, or even there are no credit history it is refreshing & unusual to hear more or less one that it reversing that trend. & FLM Loans really is determined to become different.
In a recent meeting sustaining FLM’s freshly head of chance a singularity of their approach was processed clear to me
“A top-prevent of the UK unsecured loan market is saturated. All over you last there are companies wanting to lend you money when yearn when your credit history is whiten than white. Whilst there are a few companies that advertise products aimed at inhabitants with credit problems, these are invariably secured loans & mortgages, sole for householder. This however leaves concluded 10 million UK tenants by using the great credit rub out in the cold when it comes to loan options. FLM Loans was install to offer people client the naturalistic, professional option.”
“Whilst FLM came higher by using their product you literally threw a rulebook away from a window. ‘Our policy is that i may lend to anyone- recently appear of bankruptcy? There is no condition, CCJs or even defaults? There are no condition, does’nt on the electoral role? There are no problem. The single criteria that we search is you have a close friend or family member that believes that you is willing and able to pay back the loan. Fallowing 100% your friends & family understand you much better than the computerized credit score ever can.”
It seems that this is what is at the heart of the FLM Loans philosophy. The simple return to the values that wore to influence fiscal decisions, before the days of ‘computer says there is no’.
A strategy seems to be paying dividends. “Based on data from recent satisfaction surveys my client come among a happiest in the UK. Although numeroa states of the children come to us when existence sour down by their bank it appreciate the simple transparent way that we address the children and the flexible approach that we choose to our loaning.”
Unlike well-nigh entirely more loan corporations FLM Loans will require what it describes as an honourable approach to early repayments.
“By having FLM Loans 100% you own to repay is a money you keep around borrowed plus the interest that has accumulated for the total of days that you borrowed it. Therefore if you borrow £3,000 for 5 days you will pay exactly 5 days worth of interest. Non the penny thomas more”
FLM Loans don’t presently charge install or even application fees.
FLM Loans presently have around 5,000 client in the UK & come planning to increase this to 50,000 by the prevent of 2007. FLM Loans are currently sole available through registered agent, however there are plans to expand availability above a next year.
http://www.flmloans.co.uk
