Category: Guarantor Loans

Following some major company decisions that have influenced their standing in the industry, Amigo have recently stated that they expect to cease operations “in the next few months”. Importantly, they noted that this would be a systematic procedure as the company carries out an orderly wind-down. The Process of Stopping Operations: What’s Happening with Amigo?…

Students usually have poor credit ratings – they haven’t had time to build up a good record yet. So many landlords will ask for a guarantor to act as backup in case they can’t pay their rent. Choosing where to live is one of the primary decisions students face when moving to university. With rising…

The BBC reports that Amigo Loans, Britain’s biggest guarantor loan provider is to wind down its operations.

James Benamor: From Troubled Past to Billionaire Lender The Story of Benamor: James Benamor’s life story reads like a movie script. A former self-admitted minor lawbreaker from Bournemouth, he’s undergone a tremendous transformation. The Times reports that he recently became a billionaire, thanks to his company, Amigo Holdings. This subprime lending company had its initial…