Full product details for the FLM Loans FLM Personal Loan, including loan details, application criteria, rates, suitability, fee & charges, example costs, facilities, restrictions and incentives.
The representative APR is 49.9% (fixed) so if you borrow £5,000 over 2 years at a rate of 49.9% p.a. (fixed) you will repay £309.11 per month & £7,418.64 in total.
Loan Type
Unsecured
Minimum Loan
£500
The minimum advance is £500.
Maximum Loan
£5,000
The maximum advance is £5000.
Minimum Loan Term
1 year
The minimum loan term is 12 months.
Maximum Loan Term
5 years
The maximum loan term is 60months.
Headline Representative APR
49.9%
49.9
Headline Representative Loan Amount
£500 to £5,000
Early Repayment Charge
0 month
No ERC
Deferred Start
1 month
1 months
Debt Consolidation
yes
Debt consolidation allowed.
Express Delivery
yes
Express delivery/transfer available. Express transfer of funds available at extra charge of £30 which covers costs for the express transfer, this is deducted from the total loan amount. If the customer choose FLM standard BACS method then no further charge will be added.
Credit Rating
good
Most suited to individuals who have an average income and a recent credit history free from credit defaults, arrears, CCJs or missed payments. The majority of applicants can be described as having a good credit rating.
Application Criteria
Permanent UK Resident
yes
This product is only available to individuals who are permanent UK residents.
Existing Customers Only
no
Loan available to all.
Minimum Age
23 years
The minimum age is 23 years and maximum of 70. Guarantors over the age of 70 not accepted, regardless of their income or credit history.
Minimum Income
£9,600
Guarantor Requirement -They must be a homeowner, Have a good credit history, and earn at least £800pm
Geographical Restrictions
no
Guarantor Required
yes
Credit Rating
good
Most suited to individuals who have an average income and a recent credit history free from credit defaults, arrears, CCJs or missed payments. The majority of applicants can be described as having a good credit rating.
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Compare FLM Loans FLM Personal Loan With These Loans
Arrangement fee of 0 percent is available with this loan.
Customers benefit from £0 minimum arrangement fee from Barclays.
Arrangement fee of £0 is offered.
You can get minimum loan of £5,000.
Applicants get £25,000 max loan from this loan.
Representative Example: The representative APR is 8.9% (fixed) so if you borrow £10,000 over 4 years at a rate of 8.9% p.a. (fixed) you will repay £246.75 per month & £11,844 in total.
Minimum loan period of 1 yr is available with the loan.
The loan gives 7 years max loan term.
£7,500 to £14,950 introductory representative loan amount is offered.
Personal Loan gives a deferred start of 1 mth.
Representative Example: The representative APR is 7.9% (fixed) so if you borrow £10,000 over 4 years at a rate of 7.9% p.a. (fixed) you will repay £243.73 per month & £11,699.04 in total.
£7,000 to £15,000 initial representative loan amount is available.
Customers will get deferred start of 1 month.
Minimum loan period of 1 yr.
Initial representative APR of 8.8 percent.
Representative Example: The representative APR is 8.8% (fixed) so if you borrow £10,000 over 4 years at a rate of 8.8% p.a. (fixed) you will repay £249.80 per month & £11,990.40 in total.
A deferred start of 1 month is available from Zopa.
5 years maximum loan term.
£1,000 to £1,099 introductory representative loan amount is available.
Minimum loan of £1,000 is offered.
Introductory representative APR of 9.16 percent.
Representative Example: The representative APR is 10.7% (fixed) so if you borrow £10,000 over 4 years at a rate of 10.7% p.a. (fixed)Arrangement fee £190,
This Tesco Personal Loan has a minimum loan length of 1 yr.
Deferred start of 2 months is available.
Tesco Bank gives first payment due of 30 days.
This loan gives a 6.1% promotional representative APR.
£25,000 max loan is offered with Tesco Personal Loan.
This loan offers 10 years max loan term.
Representative Example: The representative APR is 6.1% (fixed) so if you borrow £10,000 over 4 years at a rate of 6.1% p.a. (fixed) you will repay £234.55 per month & £11,258.40 in total.
Get a promotional representative APR of 6.9% from the loan.
Personal Loan offers a deferred start of 1 mth.
£20,000 maximum loan is offered with the loan.
£1,000 minimum loan is offered with this loan.
Personal Loan gives a max loan term of 5 years.
Representative Example: The representative APR is 6.9% (fixed) so if you borrow £10,000 over 4 years at a rate of 6.9% p.a. (fixed) you will repay £242.38 per month & £11,634.24 in total.