Amigo Loans offers loans between £500 and £5,000 over a one- to five-year period. The loans come with a representative APR of 49.9% and there’s no credit scoring, or any early settlement charges, fees ...

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 has announced its boss is stepping down as the lender continues to search for a lifeline before it runs out of cash in July. Kerry Penfold will immediately leave her role as chief executive and ...

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 ...

Aug 29 (Reuters) - Shares in Amigo Holdings fell more than 30% to a record low on Thursday after the British subprime lender reported a rise in first-quarter impairments and costs and warned of slower ...