Shares in Amigo plunge as high cost of complaints sends loans company to £27m loss Shares in the subprime lender fell by 23.7 per cent to 7.4p by mid-afternoon Amigo’s Acting Chair said it had undergone a ‘challenging and difficult period’ The firm recently agreed to resolve all complaints against them by October 31 By … Read more
Amigo has until end of October to clear backlog of complaints it had originally promised to get out of way a week ago By Daily Mail City & Finance Reporter Published: 22:00 BST, 3 July 2020 | Updated: 22:17 BST, 3 July 2020 Amigo Loans will have until the end of October to clear a … Read more
Shares in troubled Amigo Holdings plunge to a record low as customer complaints flood in By Lucy White For The Daily Mail Published: 21:56 BST, 22 June 2020 | Updated: 22:10 BST, 22 June 2020 Shares in troubled Amigo Holdings have plunged to a record low as customer complaints flood in. The controversial lender, dubbed … Read more
MARKET REPORT: Founder of ‘legal loan shark’ Amigo left friendless after failed attempt to unseat the board By Francesca Washtell For The Daily Mail Published: 21:51 BST, 17 June 2020 | Updated: 21:59 BST, 17 June 2020 The founder of Amigo has thrown in the towel, promising to back away from the controversial lender after … Read more
Amigo in hot water after revealing customer complaints are rocketing and its potential buyer has backed away By Daily Mail City & Finance Reporter Published: 22:01 BST, 8 June 2020 | Updated: 22:01 BST, 8 June 2020 Amigo Holdings is in hot water after revealing customer complaints are rocketing and its potential buyer has backed … Read more
Britain’s largest guarantor lender Amigo Loans is being investigated by regulators over its lending practices. In an announcement to the London Stock Exchange, Amigo said the Financial Conduct Authority launched an investigation on 29 May into ‘whether or not Amigo’s creditworthiness assessment process, and the governance and oversight of this, was compliant with regulatory requirements.’ … Read more
Watchdog launches probe into ‘legal loan shark’ Amigo over whether it broke rules for responsible lending By Daily Mail City & Finance Reporter Published: 21:51 BST, 1 June 2020 | Updated: 22:12 BST, 1 June 2020 Amigo Loans is being investigated by the City watchdog over whether it broke rules surrounding responsible lending. The Financial … Read more
Founder of ‘legal loan shark’ Amigo calls a shareholder meeting in bid to oust entire board By Daily Mail City & Finance Reporter Published: 23:38 BST, 28 April 2020 | Updated: 23:38 BST, 28 April 2020 The founder of ‘legal loan shark’ Amigo has called a shareholder meeting to oust the entire board. James Benamor, … Read more
Amigo founder accuses controversial loans firm of ‘slow motion suicide’ as shares fall to record low By Lucy White For The Daily Mail Published: 22:00 GMT, 5 March 2020 | Updated: 22:00 GMT, 5 March 2020 The founder of ‘legal loan shark’ Amigo triggered a bitter war of words with the company after accusing it … Read more