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Amigo refund

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I have put in for a refund had a reply as it was over the 8 weeks and I am bit confused We are currently in discussions with the regulator regarding a particular aspect of complaints and therefore, we have paused the investigation of certain complaints until discussions are concluded. The discussions centre around our redress methodology where there is guarantor involvement - something that has been raised as a point of concern by a number of CMCs/Lawfirms we deal with.

The complaints impacted are as follows:

- All complaints where the Guarantor is the complainant
- All complaints where a guarantor has made a payment as part of the repayment of the loan

I understand the frustration this is likely to cause for our mutual customers but hope this email will help allow you to manage expectations. I assure you this is of the utmost importance to us and we will endeavour to progress these complaints as soon as possible; they will only remain paused while we seek a fair outcome for customers.
can any one explain this to me 

Comments

  • Seems simple enough, if you're complaining as a guarantor or the guarantor has made any payment towards the loan, those claims are on hold whilst they clarify things with the regulator.
  • It was my loan the guarantor made 3 payments on my behalf due to health matters 
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