Amigo loans help please

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  • Paul_DNAP
    Paul_DNAP Posts: 751 Forumite
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    Amigo don't have any extra charges for overpayment or early settlement, so if you overpay it - even by a little - especially early in the term, then you will save a lot of interest charges.
    (Although I could be wrong, I often am.)
  • westernpromise
    westernpromise Posts: 4,833 Forumite
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    The Amigo radio ads talk cheerily about an APR of 49.9%. I'm all for free markets but I honestly think that should be illegal.
  • macman
    macman Posts: 53,098 Forumite
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    Since the OP in this instance doesn't seem to have checked the APR before signing, they've probably been quite fortunate to get away with 'only' 49.9%.
    No free lunch, and no free laptop ;)
  • Pixie5740
    Pixie5740 Posts: 14,515 Forumite
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    Maybe the OP should turn that frown upside down and become happy, happy, happy like Codymcmc.
  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
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    Codymcmc was very happy, I think he works for Stride Financial - just a guess.
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