At FLM Loans we understand that people's circumstances can change, that is why we offer a top up service for our loans.
A top up loan will give you extra cash and keep your monthly repayments the same by just extending the loan term.
Top Up Loan Process
Top up loans are even easier than new applications as we already have your details and the details of your guarantor. Providing your guarantor agrees to the increase and that you have made a minimum amount of monthly repayments in full and on time.
The minimum number of months is dependant on the length of the loan; it is one third of the loan term for most loans with the exception of a 12 months loan, where it is just six months. So for a 36 months loan term (three years) we will require you to have had your loan for a minimum of 12 months and made all repayments on time and in full.
Applying for a Top Up Loan
To apply for a top up loan please fill in our online application form. The first question is if you are an existing FLM Loans customer, if you select 'yes' it will open up additional options on the form for people applying for a top up.
Questions about Top Up Loans?
If you have any questions about topping up your loan with FLM Loans please post them in our Customer Forum.
