Amigo Loans

Amigo Loans is a registered financial credit services provider that specializes in securing loans for bad credit customers in the United Kingdom.

Amigo Loans believes it is more important to listen to the unique circumstances of customers instead of worrying about credit scores.

Financial support in a hurry for clients 

Amigo Loans allow customers to make use of guarantors when they apply for a loan online. More than half of people in the UK are turning to family to stand in as guarantors on personal loans. Amigo Loans believes that if they can trust a family member to guarantee the repayment of a loan in case the client does not pay, they can trust the client too.

Trust is the name of the game 

Amigo Loans support the idea that bad credit should not hold clients back from accessing loans for bad credit. Many more people are coming to access Amigo Loans because, for them, administering the loan is a hassle-free process. Clients who procure loans from banks have to collect each payment from the borrower; the account is recorded on a credit file and any late payments can affect the customer’s credit score. Not so with Amigo Loans 

What’s more, Amigo Loans will refer references, if a client’s payments are made on time, to all three UK credit reference agencies (Experian, Equifax, and TransUnion). This means that people not in good standing with the credit bureau could eventually turn around their situation where they can borrow on their own independently.

Amigo Loans know many people require quick cash in unexpected emergencies. Sometimes a car may break down, or it might be a doctor’s bill that needs to be paid urgently.

A loan with Amigo Loans in these cases is a perfect fit. The APR is 25 times smaller than that of a payday loan which is also a popular avenue in times of emergency. 

The repayment option when taking out an Amigo is more often than not over a longer term. This means that customers have enough leverage to get their finances in order while paying off an Amigo Loans loan at such low rates of interest.

Believes in second chances 

Amigo Loans ensure that they give their clients every opportunity of securing a loan for bad credit even if they have a bad credit history. Their unsecured loans for bad credit are ideal for customers who do not have enough major assets to put down as a guarantee for a loan.

Their trust-based guarantor loan with affordable options provides bad credit borrowers with a suitable loan system when they can't borrow from high street lenders.

It’s time to apply for a loan

Battling to settle current debt across a few accounts at retail stores, or even credit card debt at the local bank? Then Amigo Loans have just the right product to sort out the debt problem. Lenders can consolidate the debt overall accounts, which means they pay one amount for all the debt.