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Amigo Loans: Guarantor Loan reviews

Name: Guarantor Loan
Rating: 4.92 (4823 reviews)

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4.92

Based on 4,823 reviews, last reviewed 23rd Mar 2022

No new 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

94%

Latest highest rating:

5

Adrian Puiu I am very pleased with this borrowed Amigo Reviewed on: 26th August 2020

Latest lowest rating:

1

Never again I am never again being a guarantor. All because these people charge outrages intrest on loans. Please for the good of all people in Britain vote no to... Read more Reviewed on: 23rd March 2022

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About this product

Our Amigo guarantor loan reviews can help you to find out what life as a Amigo Loans customer is really like. Wondering if this loan is right for you? See what people are saying about interest rates, guarantors, and whatever else they likes or disliked, and if you have experience of using this product, why not write your review on Smart Money People today?

Amigo Loans Guarantor Loan reviews (4823)

Review of the Amigo Loans, Guarantor Loan:

Calling All Potential Customers: Avoid at all cost! (Read Below)

These scammers mis-sell their loans and then make you pay triple the amount you originally borrowed! Stay away from this company, they will tie you up for years! I took out a loan for 10k based on them telling me I can afford it and staff encouraged me to tweak my incomings to stand a chance of acceptance, since receiving the loan I have paid nearly 20k with still over a year and a half to go. The payments I have made for a £10,000 loan is disproportionate and not justifiable by any means. Check this out – I have made the following payments to date: £237.15 pm (£6k original loan) payments made from Nov 1 2016 to May 2017 = £1,660.05 £395.25 pm (inc £4k top-up = £10k total borrowed) payments made from July 2017 to Current = £17,785.75 £1,660.05 + £17,785.75 = Total Paid: £19,445.80 Absolute bonkers I know. I’ll probably end up paying them near 25k, imagine that for a 10k loan. I have reported them to FCA and have asked Financial Ombudsman Service to look into my complaint, I will take them to court if that’s the last option I have. Take a loan out with them at your own peril! For pre-existing customers please vote NO at the Scheme of Arrangement consultation and let’s collectively shut this company down, they want you to believe you will get a refund but for the good of humanity this company should not be operating. It is well documented they are already holding up payments for those that have won their cases with FOS and they will further delay payouts. It is better to take a hit on the finance than leave the company operating without impunity. I have suffered from health issues trying to pay this company back. They do not deserve to be open and serving the population of this great country. Reviewed on: 12th April 2021

Absolutely fantastic service!

I needed a loan to get a new vehicle as mine had issues. They made the process simple and easy had it all sorted within 3 days absolutely brilliant and a life saver! Reviewed on: 25th July 2019

Wow

Really didnt think I would get a loan ever but amigo have give me the chance 2 prove myself and I'm so so thankful Reviewed on: 25th July 2019

Assume

Very welcoming as a new customer and I will recommend them to friends and family without a doubt Reviewed on: 14th July 2019

Very good

They were very nice and welcoming and I will recommend them to friends and family without a doubt Reviewed on: 14th July 2019

Definitley recommend!!

Amigo loans are a fantastic fast and friendly service Reviewed on: 14th July 2019

Really helpful

Quick and easy very helpful I would recommend amigo loanes 100 percent Reviewed on: 14th July 2019

Best beginner loans!

Very straightforward process. I didn't have a credit history in the UK, but Amigo helped me build one using the Guarantor loan to finance my car. Reviewed on: 13th July 2019

Fantastic

The process was really quick, i got my loan paid to my bank account in one hour! Reviewed on: 12th July 2019

Super fast super easy!

It’s been so easy I don’t even feel like I’ve applied for a loan, feel sort of cheeky for how easy it was. So pleased I can now start my training courses! Reviewed on: 12th July 2019

Quick and easy

Great communication and easy to use website I’ve not the best credit score either so happy they way you conduct you services Much appreciated Reviewed on: 12th July 2019

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