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Guarantor to loan asked to pay back

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Comments

  • toddle2u
    toddle2u Posts: 112 Forumite
    Where are you getting this tripe from?

    FLM are probably the largest company offering this type of stupid facility to those who do not understand what they are getting into.

    FLM for SURE, pay the loan into the guarantors account and NOT the borrowers account.

    They do it to prevent guarantors appearing down the line when the obvious happens and try to deny any knowledge.

    As the OP hasn't ever stated where the loan came from and hasn't come back to answer any queries we will probably never know but as this was over 6 years ago I bet it did not go into his account!!
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