Amigo Loans has said it plans to wind down its business and halt all lending with immediate effect as it realised it would not be able to meet the terms of a High Court scheme which was intended to ...

A U.K.-based financial services firm that used automated decision-making to drive sales over ensuring whether customers posed credit risks dodged a penalty of 72.9 million pounds (U.S. $88.7 million) ...

Amigo Loans has less than two months to secure a viable future or it will fall into insolvency, the collapsed subprime lender said on Monday. The group revealed a shake-up of its senior leadership ...