Just pay people what you actually owe…
Just pay people what you actually owe them. It's disgusting how everyone is being treated.

Amigo Loans was a financial services company that specialized in providing guarantor loans to individuals in the UK. The company primarily targeted consumers who may have difficulty obtaining credit through traditional means, offering them an opportunity to secure loans with the support of a guarantor. This model allowed borrowers to access funds while providing a safety net for lenders. As of October 2025, Amigo Loans is no longer operational, having closed its services and ceased to handle customer inquiries. The company previously implemented a Scheme to address claims from customers, ensuring that all claims were determined and payments made in accordance with the terms set forth. Customers seeking information about past dealings with the company or potential refunds are advised to refer to the relevant legal channels for resolution.
Amigo Loans receives overwhelmingly negative feedback from consumers, with many describing it as an awful company that engages in deceptive practices. Reviewers express frustration over the company's handling of loans, citing issues such as unhelpful customer service and difficulties in obtaining refunds.
Several customers report feeling taken advantage of, particularly vulnerable individuals who struggle with repayment terms. While a small number of reviews highlight positive experiences, such as receiving refunds or loan adjustments, these are overshadowed by the majority of complaints regarding the company's lack of accountability and poor communication. Overall, the sentiment is largely negative, with many urging others to avoid Amigo Loans at all costs.
Summary generated with AI from recent reviews
Each source counts by its number of reviews. Only reviews written by people are scored.
| Source | Rating | Reviews | Weight | 6-mo | Fake risk |
|---|---|---|---|---|---|
Trustpilot Imported Trustpilot reviews | 1.8 | 60 | 100% | ● Low |
Monthly average rating from reviews written by people · latest review Apr 2025.
| Month | Average | Reviews |
|---|---|---|
| May 24 | 1.9 | 7 |
| Jun 24 | 2.3 | 3 |
| Jul 24 | 3.0 | 2 |
| Aug 24 | — | 0 |
| Sep 24 | 1.0 | 1 |
| Oct 24 | — | 0 |
| Nov 24 | 1.0 | 1 |
| Dec 24 | 1.0 | 1 |
| Jan 25 | 1.0 | 2 |
| Feb 25 | — | 0 |
| Mar 25 | — | 0 |
| Apr 25 | 1.0 | 2 |
Share of positive (4–5★) and negative (1–2★) reviews mentioning each topic · based on the 60 most recent reviews.
“This fabrication company, has amazing prices in comparison to their competitors, they’re very good at what they do, a...”
“Awful company”
Same method for every company: overall rating, legitimacy checks, the average rating of reviews mentioning each area and the 6-month trend · Loans & Mortgages.
| Company | Overall | Legit | Service | Trend | Reviews |
|---|---|---|---|---|---|
| 1.8 out of 5 (poor) | 100 out of 100 | 2.3 out of 5 (poor) | — | 60 | |
| 4.3 out of 5 (good) | 100 out of 100 | 4.2 out of 5 (good) | +39% | 1,000 | |
| 4.8 out of 5 (good) | 100 out of 100 | 4.6 out of 5 (good) | — | 1,000 | |
| 4.2 out of 5 (good) | 100 out of 100 | 4.0 out of 5 (good) | −19% | 618 | |
| 4.7 out of 5 (good) | 100 out of 100 | 4.5 out of 5 (good) | — | 27 |
Bottom line: Amigo Loans is #5 of 5 on overall rating in this group. On service, Oodle Car Finance scores higher (4.6 vs 2.3).
60 reviews of Amigo Loans. Filter by what matters to you.
Just pay people what you actually owe them. It's disgusting how everyone is being treated.
Corrupt, incompetent, lies lies, lies, lies Hell your resting plc forever!!!!!!
After being told that this company would pay redress claims by the end of February, surprise surprise the money has not appeared in my account and once again this bunch of thieves and fraudsters are playing for time again. I implore everyone that is thinking of getting a loan with this load of disgusting con merchants avoid them like the plague. They are literally the dregs at the bottom of the barrel !!
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Amigo You’ve ruined my life
Absolutely terrible company in every way possible. Stay clear.
Scummy company lies lies and more lies. Rot in hell.
Never, never, never get a loan from this company. They fraudulently sell you a loan and then end up having many compensation claims lodged against them which they then can’t pay. They then apply to the High Court who incredibly allow them to stay in business ( obviously as crooked as they are) and then take forever to agree to pay back these claims at 17 pence in the pound. Fraudulent and bent through and through. Disgraceful company. Under no circumstances, even if your situation is desperate, borrow money from these sharks. They are a bunch of thieves who should be in jail !!
After I had taken a loan of of 10,000, in 2018. Covid then hit in 2019, I was in debt already by around 4,000. My loan has come to an end a few months ago thank god. This must be one of the worst companies I’ve ever come across, they are no different then the loan sharks you see in movies, where if you don’t pay up, they come after you physically. The only difference is here this company bullies you, hounds you through letters and text messages and then hound your guarantor, absolutely disgusting. When I was in debt after Covid, I just happened to look at my statements thinking why is my amount not going down. Only to find out an additional £295 every month was being added to my loan because I was in arrears. I made sure I would clear this loan and the arrears to never be associated with a company like this ever again. They deserve to be taken down. The funny thing was when my loan was coming to an end I had an accounts manager trying to persuade me to spread my last payment out because he thought I can’t afford the last payment and they will send a default latter out to me in 7 days. I couldn’t stop laughing thinking you absolute idiot, watch me pay this off in 7 days, and I did. Dear rip offs, Just pay people what you owe them, you have affected peoples mental well being and their overall health. You ripped me off as well as thousands more people. I have probably paid you £20,000 in total. Absolute joke. Empower yourselves everyone go through your statements and check everything and challenge them. Debt is the biggest economy. Pay off your loan and be rid of this company. Signing off
I would not recommend this company to anyone not only because they are going into a scheme but they don't hold there side of the agreement. Like several people who have had loans with them I am paying huge amount of interest over treble the loan amount. I have been told several months ago I would get a redress by end of October 2023 and still have received nothing yet if I owed them £1 they would be contact with me demanding payment and threatening me with court action and threatening my guarantor to take the money from her account. Every time I email them they say they can't give dates when I will get my money that they owe me. Each month it gets put back to another month. How do they get away with this by financial ombudsman. This company will break people's mental health if they carry on like this and will cause many suicides because customers are expecting payment to settle other financial commitments but can't because this company keeps putting payment dates back. I have all my email trails from this company where they say you'll get your money by end of October. Stay away from this company you'll regret it for the rest of your life.
I agreed to be a guarantor for my husband with this charlatan company. Eventually our (his debts that I covered) were so big I had to take out a Trust Deed in order to manage my payments. I was told by the TD (It was Andrew Wilkinson but is now Carrington Dean) that even thought I was ONLY a guarantor and the debt was in my husband's name that hte Amigonloan would be included on the TD. Months after my TD was cleared Lanter Debt Collectors have been hassling me to cover the full amount of the Amigo loan. Ibhave spoken to many friends in Finance, HMRC and they are certain Amigo are at it amd trying to claim back the money again. Please do not use.
I made a complaint years ago regarding the loan that was offered to a loanee that I am effectively acting as guarantor for, stating clearly that they shouldn't have been offered this loan as they would struggle to pay it back. They are struggling to pay it back and have come to an agreement which will keep them in debt for far longer than was ever agreed upon. My complaint (s) have gone unanswered... Never ever act as a guarantor for this company...
Worse company ever. I got a £7,500 load by the times its paid of I would have paid nearly £18,000. That's around £10,000 extra that could have been helping with the cost of living. These been no updates on the scheme and when we will get what we are owed. They're quick enough to take it from you.
I got a loan paid €5000 I paid regularly for the 1st year not missing a month maybe a few days late but that was it, then Covid happened I tryed not to look at the loan as it would drive me mad I had no way to pay anyway when I got back to work I resumed at one point giving €110 a week for atleast 4 months on top of my monthly €243 some of those months when it was good for me money wise.. anyway after this I decided to check my account I had paid €6000+ and I still owed €6000 how can you do this since then I stopped said f them no way I’d go to jail before I’m raped in public by gangsters with a company.. they have since snuke a few monthly’s from my account and I was thinking ok so I did accept to pay 7 k back so it’s really my fault. But got a letter for court today so after paying 7kish on a 5k loan I’m summoned to court for another €5000 how can they do this it’s absolutely ridiculous… be prepared to lock me up because you are not getting another cent shower of crooks
I took out a loan with Amigo, like many others over Covid I wasn’t working like everyone else in the world, my interest kept building, I went into debt in arrears of 3k. When I got my old job back I was paying off the arrears plus an extra £200 a month that kept adding on because I was in arrears. No one ever reach out to me to try and help, or even told me I was chasing my tail until I sat down with a family member who leant me the money to pay off the arrears. At the end of this year the loan will have finished. Like many others no one has heard any update about the scheme. They should shut amigo loans down. Stop lending to poor innocent people and stop taking advantage of them.
Amigo loans are disgusting thousands apon thousands off us mis sold loans I’m one of them they let us go in to equity set off while they deal with claims which where due for answers June now they moved the goal posts to augest but reporting everyone’s late payments hay amigo how bout you stop reporting late payments as you can’t even stick to your own time frames disgusting
LOAN SHARKS!! WARNING AMIGO WAS TAKEN DOWN DUE TO MISS SOLD LOANS TO THOUSANDS OF PEOPLE AND I AM ONE OF THEM!! 50%APR NO PROPER CHECKS ON FINANCIALS, THEY PERSUADE YOU TO TAKE A LOAN REGARDLESS OF YOUR SITUATION. IT'S BEEN TWO YEARS SINCE THE COURT CASES AGAINST THEM. THEY STILL HAVE NOT RESPONDED TO THE COMPLIANT REGARDING THE SCHEME OF ARRANGEMENT. AMIGO LOANS PAY BACK THE MONEY YOU STOLE FROM PEOPLE IN NEED!!!! DISGUSTING COMPANY
I would not recommend Amigo Loans to anyone. I was mis-sold a loan by them, and they have been nothing but a rip-off. I applied for a loan with Amigo Loans because I was in a difficult financial situation. I was told that the loan would be affordable, and that I would be able to repay it easily. However, the loan was much more expensive than I was expecting, and I have struggled to make the repayments. I have contacted Amigo Loans on several occasions to try to get a better deal, but they have been unhelpful. They have refused to reduce the interest rate, and they have even threatened to take me to court if I don't keep up with the repayments. I feel like I have been taken advantage of by Amigo Loans. They have behaved like loan sharks, and they have not been honest with me about the terms of the loan. I would urge anyone thinking of taking out a loan with Amigo Loans to think twice. Here are some specific examples of how Amigo Loans have been a rip-off: * The interest rate on my loan is much higher than I was expecting. * The fees associated with the loan are also very high. * I have been charged late fees even though I have made my repayments on time. * I have been contacted by Amigo Loans' debt collection agency even though I am still making my repayments. I am now in a worse financial situation than I was before I took out the loan with Amigo Loans. I would not recommend them to anyone. If you have been mis-sold a loan by Amigo Loans, you should contact the Financial Ombudsman Service. You may be able to get compensation for the distress and financial hardship that you have experienced.
I got a 5000 loan they never done any back ground checks on my income i was in so much debt that these was my last option my guarantors finances wasnt the best nither and she was on a very low income but yet they didnt check any thry just give me it struggled to.pay my monthly payments went inot a payment play but yet they keep sending thretning letters out avoid at all cost
What’s happening with amigo loans? I have already put in my claim as a borrower When will we receive an outcome letter??
Amigo Loans was a financial services company that specialized in providing guarantor loans to individuals in the UK. The company primarily targeted consumers who may have difficulty obtaining credit through traditional means, offering them an opportunity to secure loans with the support of a guarantor. This model allowed borrowers to access funds while providing a safety net for lenders. As of October 2025, Amigo Loans is no longer operational, having closed its services and ceased to handle customer inquiries. The company previously implemented a Scheme to address claims from customers, ensuring that all claims were determined and payments made in accordance with the terms set forth. Customers seeking information about past dealings with the company or potential refunds are advised to refer to the relevant legal channels for resolution.
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