Our application couldn’t be easier, but simply in the event, here’s a handy guide to just simply take you through the method.

Up-date on my application

First things first, you can text the word ‘STATUS’ to 07860004427 if you’re just after an update on your application and your loan hasn’t been paid out.

We’ll get right back for your requirements by having an SMS alert allowing you to know where we’ve got to. That is just designed for borrowers on live applications.

Who are able to make an application for an Amigo Loan?

Just about anyone can use for the Amigo Loan provided that they meet our requirements:

• A British resident
• Aged 18-75
• Maybe not on a working bankruptcy, IVA, or equivalent
• And certainly will easily spend the money for loan repayments.

You’ll likewise require buddy or member of the family whom trusts one to end up being your guarantor.

The main thing to notice is on your credit score that we won’t judge you. That’s because our loans are derived from your present situation that is financial trust. Should your guarantor trusts you to definitely keep repayments, then we could trust you too.

To date, we’ve already lent to over 375,000 individuals who could have struggled to obtain loans from somewhere else.

Would you accept individuals released from bankruptcy?

Yes, we are able to accept individuals discharged from bankruptcy. Should your credit report hasn’t been updated you may need to send us a copy of your discharge papers since you were discharged. In the event that you don’t have a copy, you will get one through the trustee whom handled your bankruptcy or through the court where you had been made bankrupt.

We won’t be able to lend to you but will be happy to consider any applications once you’re discharged if you’re currently bankrupt.

Can a loan is had by me if we reside outside of the British?

We are able to just provide loans to those who reside in the united kingdom – that is England, Scotland, Wales and Northern Ireland. Just as much as we’d love to assist, other countries have actually various guidelines.

If you reside in britain for at the very least 2 months per year then we’re able to nevertheless accept you.

Just how much may I borrow?

With an Amigo loan, it is possible to https://speedyloan.net/payday-loans-co borrow as much as ?10,000. So long as it is affordable for you personally, we’ve got you covered.

Next, choose your loan term. Our loans may be applied for between one and 5 years based on just just what matches your allowance.

1 beginning the job

We’ll need to find out a little in regards to you. This means your title, date of birth along with your contact details (for whenever you are sent by us information on your loan).

We’ll then request you to read the T&Cs and your credit contract. When you’re pleased with every thing, click on the sign and box your contract electronically.

What exactly is a signature that is electronic?

Supplying an electric signature is a simple way of signing your contract online. In the place of composing a pen to your name, you just click on the yellowish package that says “I accept & signal this agreement”. This means no paper kinds or unneeded delays. As this is certainly equivalent to a ‘wet-ink’ signature, it is essential you don’t sign until you’re totally pleased using what you’re agreeing to.

2 doing your allowance plan

Next, we’ll request you to give a breakdown that is quick of funds. You want to be sure here is the right loan for you personally, therefore we’ll simply just just take straight down your revenue and outgoings. This may show us in the event that loan re re re payments are affordable alongside your other commitments that are financial.

Do i must be used?

You don’t must be used to borrow from Amigo Loans. Though we’ll be sure you really can afford the mortgage payments alongside your normal living costs, it does not make a difference if your earnings is from wages, advantages or retirement benefits (or some other place nevertheless). It simply has to be guaranteed and regular.

How do you deliver evidence of my earnings, ID, along with other documents?

When we request you to outline proof your revenue, ID, or whatever else, there’s absolutely nothing to be worried about – it simply means we couldn’t validate your data during our online checks. By turning in a definite image of a document confirming these records, we could speed up the application and shell out the loan as quickly as possible.

You are able to deliver the image by e-mail to email protected or by image message to 07717989072 (please remember that your telecoms provider could charge a fee for an image message).

If you’re delivering an image of the bank statement, be sure we could begin to see the after information demonstrably – it’ll help in the event that declaration covers a complete thirty days:

• Your complete name
• The Bank’s logo design
• Sort code and account quantity
• The earnings being compensated to the account (this might consist of advantages, retirement benefits or income. In the event that earnings is compensated regular we have to see two consecutive days of payment)
• The date ( perhaps not more than 100 times)

We can also accept if you don’t have a bank statement:

Advantages – present page through the Pros Agency

• Your complete name
• The quantity you obtain in addition to regularity of re re payments
• The date ( perhaps perhaps not over the age of 100 days)

Pension – a page through the Department for Perform and Pensions or even a pension provider that is private

• Your complete name
• The quantity you obtain as well as the regularity of re payments

Work wage – payslips

• Your complete name
• The boss’s title
• Your money details
• And dated within 100 times (if you are compensated regular, we must manage to see a couple of weeks’ worth of re re re payments)