amigo loans 14 June 2021 at 2:29PM in Loans 4 replies 934 views

abbie2301

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! 

[Deleted User]

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.

[Deleted User]

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

What outcome do you want ?

Sncjw

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.