amigo loans

Hi, so i need some help and don't know where to go...
I got an amigo loan out when i was 19 for £3000. Amigo never asked for proof of income or bank statement when i got accepted for my loan. Then they accepted my guarantor who is retired and can't cover my monthly payments if i can't afford them. I used the letters on here to complain to amigo and i got a very snotty email back from head office that explains they "took" my word that i could afford the monthly payments and they did all the credit credits on me... this was my first loan so my credit score was excellent. surely this is a valid claim as they asked for NO proof of income or what i spent each month? what can i do next ? any help would be great! 

Comments

  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 14 June 2021 at 3:35PM
    If they've rejected your complaint, then FOS would be the only practical next step.

    But did you misrepresent your income? Lenders generally assume you're telling the truth so don't often check income.
  • Amigo are no more, their repayments scheme is resulting in people getting around 4p in the £1

    https://debtcamel.co.uk/amigo-scheme-timetable-approval-how-work/

    Act sharpish
  • DCFC79
    DCFC79 Posts: 40,622 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    What outcome do you want ?


  • Sncjw
    Sncjw Posts: 3,561 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    But aren't you the one who 0ut that person down as a garuntor.

    When I've gor credit card they didn't ask for proof of income but I assume they would cross reference to what i out on the credit files information when I signed up and what I chdck is correct each month. 
    Mortgage free wannabe 

    Actual mortgage stating amount £75,150

    Overpayment paused to pay off cc 

    Starting balance £66,565.45

    Current balance £58,108

    Cc around 8k. 

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