Rating based on 46 reviews

Amigo Loans

  • Bad credit loans up to £10,000
  • Low-interest starting from 49.9%
  • Repayment up to 60 months

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Author Amigo Loans. Screenshot of Amigo Loans website.
[Accessed April 25, 2020]

About Amigo Loans

Amigo Loans is a registered financial credit services provider that specializes in securing loans for bad credit customers in the United Kingdom.

Amigo Loans believes it is more important to listen to the unique circumstances of customers instead of worrying about credit scores.

Financial support in a hurry for clients 

Amigo Loans allow customers to make use of guarantors when they apply for a loan online. More than half of people in the UK are turning to family to stand in as guarantors on personal loans. Amigo Loans believes that if they can trust a family member to guarantee the repayment of a loan in case the client does not pay, they can trust the client too.

Trust is the name of the game 

Amigo Loans support the idea that bad credit should not hold clients back from accessing loans for bad credit. Many more people are coming to access Amigo Loans because, for them, administering the loan is a hassle-free process. Clients who procure loans from banks have to collect each payment from the borrower; the account is recorded on a credit file and any late payments can affect the customer’s credit score. Not so with Amigo Loans 

What’s more, Amigo Loans will refer references, if a client’s payments are made on time, to all three UK credit reference agencies (Experian, Equifax, and TransUnion). This means that people not in good standing with the credit bureau could eventually turn around their situation where they can borrow on their own independently.

Amigo Loans Services

Amigo Loans know many people require quick cash in unexpected emergencies. Sometimes a car may break down, or it might be a doctor’s bill that needs to be paid urgently.

A loan with Amigo Loans in these cases is a perfect fit. The APR is 25 times smaller than that of a payday loan which is also a popular avenue in times of emergency. 

The repayment option when taking out an Amigo is more often than not over a longer term. This means that customers have enough leverage to get their finances in order while paying off an Amigo Loans loan at such low rates of interest.

Believes in second chances 

Amigo Loans ensure that they give their clients every opportunity of securing a loan for bad credit even if they have a bad credit history. Their unsecured loans for bad credit are ideal for customers who do not have enough major assets to put down as a guarantee for a loan.

Their trust-based guarantor loan with affordable options provides bad credit borrowers with a suitable loan system when they can't borrow from high street lenders.

It’s time to apply for a loan

Battling to settle current debt across a few accounts at retail stores, or even credit card debt at the local bank? Then Amigo Loans have just the right product to sort out the debt problem. Lenders can consolidate the debt overall accounts, which means they pay one amount for all the debt.

Amigo Loans – Bad credit loan

  • Loan Type Bad credit loans
  • Interest Rate from 49.9%
  • Loan Amount up to £10,000
  • Repayment 12 months to 60 months

Benefits of Amigo Loans

  • Bad credit history loan options
  • Affordable repayment terms
  • A transparent service with no hidden fees

Bad credit loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This loan calculator is for illustration purposes only.
The use of this quick loans calculator is subject to our terms of use.

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That means just one monthly repayment commitment tailored just for the client.

The debt consolidation can also help clients get back on a sound financial footing if they pay up regularly. The client also saves money by paying one rate of interest. 

Applying for a bad credit loan online

Amigo Loan online system is ideal for people who don't have time for a phone call. They can navigate easily through the online links when they apply for a bad credit loan. Clients can rest assured that a staff member will contact the applicant almost immediately to follow up on the loan application.

If clients are just after an update on their bad credit loan application status there is a number provided on the website they can text their inquiry to. They will receive an immediate update on the progress made.

Who qualifies for an Amigo Loan

  • UK residents aged between 21-75.
  • Clients must not be on not on an active bankruptcy, IVA, or equivalent or a Debt Management Plan.
  • Applicants must earn a minimum income of £800.
  • Applicants must be able to make the loan repayments and pass affordability checks.
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Amigo Loans is a trusted & reliable provider of bad credit loans

In our review, Amigo Loans adheres to the compliance criteria in accordance with the Financial Conduct Authority, where the granting the loan will not cause financial distress to the consumer.

Amigo Loans is a registered credit provider in UK: FSA 708284

Customer Reviews & Testimonials

October 2019

I never thought that I would ever qualify for a loan. Amigo’s guarantor really helped me a lot. I can now improve my small business and make it grow. Little by little and then my business would g...

Avos U
— London —

October 2019

I was treated like a king, everyone was friendly and they offered me the best loan. I would go there every time just to experience that type of service, it really made my day.

Becky R
— Belfast —

Amigo Loans Contact

Contact Number


  • not available


Physical Address

Opening Hours

  • Monday 09:00 – 19:00
  • Tuesday 09:00 – 19:00
  • Wednesday 09:00 – 19:00
  • Thursday 09:00 – 19:00
  • Friday 09:00 – 19:00
  • Saturday 10:00 – 13:00
  • Sunday – Closed