James Benamor, FLM Loans, and Guarantor Loans?

James Benamor, FLM Loans, and Guarantor Loans

Before going into why, it's worth stating up front that there is absolutely no reason to believe James Benamor, his company FLM Loans and his flagship product Guarantor Loans are scams. Right from the conception of the guarantor loan James Benamor has staked his reputation on creating a product that means people with bad credit, people on benefits, and the unemployed can get credit when otherwise they might not. The company who sell the guarantor loans have a fantastic record and an ever growing client list of happy customers. The UK is better off with them, especially those with less than perfect credit.

James Benamor and Guarantor Loans

Several years ago James Benamor was running a loan brokerage in Bournemouth. It was a growing business and he was starting to attract some attention. The trouble was he was in a market surrounded by brokers and people would band the word scam around with reckless abandon. With some brokers and companies it really did feel like a scam. People were being charged upfront fees for loans they may not ever stand a chance of getting, and in the stampede to get credit that was the norm for the decade it was becoming obvious that James Benamor needed to differntiate himself from the dark herd.

The birth of FLM Loans and Guarantor Loans

As with most things in life, if you want a new idea it's worth taking a good hard long look at the past. James Benamor would spend 6 months with Marc Biles evaluating every type of loan sold throughout history until one night they put the pieces together and realised that people with bad credit could get assistance from people they know with good credit. And so the guarantor loan was born. Subsequently FLM Loans was formed as the company that would sell and service the guarantor loans to the public.

FLM Loans charge no upfront fees

As it happens FLM Loans charge no upfront fees whatsoever. In fact they pride themselves on this fact as it is one more thing that helps them stand apart from the crowd. And that is something it's owner James Benamor has strived to do. Create the best and most honest loans company in the World.

So how can FLM Loans be a scam?

First and foremost it's important to understand that FLM Loans and it's guarantor loan product is not a scam. The reason it found itself associated with the word scam is due to how the companies that sent it customers operated. These companies would charge people upfront fees for the right to apply for an FLM guarantor loan. This rather unsavoury practice, made worse by the fact people applying for these forms of loans are typically poor, has often been described as a scam. It actually isn't but it fees wrong and people associated this with FLM Loans instead of the companies who charged them the upfront fee.