"Always had a helpful service from AMIGO…"

Always had a helpful service from AMIGO so can’t knock them on that, I got told I could claim back money from them and worth a try to make a claim, then all this bother came about. I will be definitely be voting YES to get some money over NO and get no money! I have things to buy now we’re allowed to do things again and that will help towards my holiday next year (fingers crossed we can book one then) Bonus!

"I voted yes just to get a few quid for nothing"

I took out the loan to cover a few extra bills, im struggling to pay it back, but managing. now if I vote YES and it goes through I will get SOME money back, if I vote NO i get nothing and still have to pay what i owe back (Even if they go into administration. Simple for me.
YES YES YES

"Voting yes does not mean you will get any money back!"

They have to assess your claim and probably won’t uphold some valid claims, but you won’t then be allowed to go to the financial ombudsman to complain. They are an unethical lender and deserve to sink. Most people would only get a tiny repayment anyway, whereas investors get more. If they go into administration, it’s up to the ombudsman who’s complaints get upheld rather than Amigo. That sucks for customers who have already paid back because there won’t be a pot of money to compensate them, but existing customers can get their balance reduced, and as already stated is Amigo really going to approve many claims anyway?

"Money is money."

Just voted yes. Simple really. Vote no and you get nothing. My friend thought if he voted no he wouldn't have to pay back loan. Now hes found out he'll still have to pay it back and he'll get no compensation. Its a no brainer to me and now him. Thats why I voted yes.

"The vote"

The vote
Even when speaking to the ombudsman, they said the only people who will benefit from voting yes will be the shareholders!
Vote No!

"Can’t understand what all gurning is…"

Can’t understand what all gurning is all about to be honest, you get a loan you pay it back, you knew the interest rate and your monthly figure you had to pay back, quite happy to receive the loan in your account and apparently it’s the lenders fault you can’t pay it back 🙄🙄🙄
Bored with reading all your crap and your whinging this last few months....you get a loan, you agree to it, you get it paid into your account and you pay it back....simples 😴

"I’ll not be voting yes on the scheme…"

I’ll not be voting yes on the scheme the company is a joke has completely ruined my life I’ve now stopped paying my loan as I’m waiting for my complaint to be felt with bearing in mind I should be owed thousands but with this scheme there expecting to pay out a few hundred absolut joke !!! Vote know you’ll get what your owed at some stage vote yes you’ll b lucky to get a few hundred an could b waiting a few years on it go bust leave people alone !!!

"So much negativity…"

I don’t know what all the negativity here is about. Seems to me that Amigo mis-sold to a small percentage of people who are rightly owed and will revive redress with the proposed scheme. I required a small bridge loan at a point in time when a bank wasn’t a viable option and Amigo gladly helped. I checked my own affordability at the time (people are quick to pass the blame where common sense and accountability would go a long way) and the rate offered by Amigo was fair and welcomed. I hope they are able to continue lending so others can receive the same help that I did.

"VOTE YES! Get something, not nothing. what’s wrong with people!!"

Why would people vote.. talk about cut your nose off to spite your face!! Yes I’d rather get SOMETHING rather than nothing! Too many people on here rallying behind debt camel who is totally misinformed and obviously had a personal agenda against Amigo!? What that going to get you, nothing! I want SOMETHING - so I WILL BE VOTING YES!!!

"I want to object to the amigo scheme…"

I want to object to the amigo scheme which is unfair and to the voting arrangements and the misleading way they have been communicating with customers.


My original loan was for £1000. After being refused credit elsewhere I came across amigo loans who were more then happy to provide with my partner being my guarantor. After around 10 months I topped the loan up and quickly fell into amigos trap. Before I knew it I had been given multiple top ups to maxed £10,000. This was originally to get more funds after being completely out of pocket from paying the high monthly payments. I should of known what I was getting myself into but with extreme money worries and my mental health suffering as a result I wasn't thinking clearly and my partner was worried about my state of mind and doing what she thought was best for me at the time.


During the time with amigo loans I was taking out multiple payday loans to make it through each month which obviously wasn't helping me financially for the following months. After months and months of declining mental health and extremely high monthly payments my partner suggested she took out a separate loan in her name with a very low percentage of interest so that I could clear the balance of the amigo loan and save ourselves from the ridiculous interest rates of amigo. I'm still paying this loan off now through my partner so I am still suffering with this now.


I complained in December as soon as heard about affordability complaints, hopeful that this would get things moving and I would get back what I feel I deserve and that I'm owed. Amigo did no checks just made it easy to get top ups when I was short of money because of their loan. Not a day goes by where I dont worry about and regret passed financial decisions and in a way I only have myself to blame but this has stopped me from buying a house and completely ruined me financially and I feel amigo are to blame for that. Under no circumstances should I off received the amount of money they had loaned as it was completely unaffordable.


Now with this scheme looking likely I'm very doubtful I will get anything much. Its extremely unfair that previous complaints have seen thousands back that they are owed but people like me will only see a small percentage.  If we hadnt taken a loan to pay this off I would have been at least able to get the balance much reduced or cleared. Now I am stuck with this loan and will only get a tiny amount.


There is a huge difference between what people with loans will get back compared to people like me. They will get some good from this scheme, I am left with my other loan and will get a tiny amount. We dont have the same interests at all. How can we be asked to vote as a group when they will get the most important thing, the amigo loan gone and previous borrowers get almost nothing? We should be separate voting groups as this isnt fair.


Why if the balance reduction are smaller than the £85,000,000 is not all this money being put into the cash redress scheme? Amigo are just going to profit from this. If they turn down reductions to people with current loans all the money saved there should be given to the customers who have repaid their loans like me.


Amigo has been making it sound like their scheme is the only option. This isnt true as the scheme could be much fairer. This is misleading and may mean some customers vote yes as they don't realise there could be a better option. Why are the bondholders going to get all their money back when some would lose some money if amigo went under, they should have to put some money into the scheme so customers get more. And who decided 15% of profits for just 4 years is fair, why not 25% and going on until customers are repaid in full or at least 80%. I dont trust their profit calculations as clever accountants could make them lower for 4 years. Shareholders shouldnt be able to get any dividends until customers have been repaid in full