
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).
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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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