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

Upgrade 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 you with an SMS alert permitting you to understand where we’ve surely got to. This really is just readily available for borrowers on real time loan requests.

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

Almost any person can put on for an Amigo Loan provided that they meet our requirements:

• A British resident
• Aged 18-75
• Instead of a bankruptcy that is active IVA, or equivalent
• And will easily spend the money for loan repayments.

You’ll likewise require a close buddy or member of the family whom trusts you to definitely be your guarantor.

The main thing to notice is on your credit score that we won’t judge you. That’s because our loans derive from your current finances and trust. Then we can trust you too if your guarantor trusts you to maintain payments.

Thus far, we’ve already lent to over 375,000 those who could have struggled getting loans from somewhere else.

Would you accept individuals released from bankruptcy?

Yes, we could accept individuals released from bankruptcy. In the event your credit history hasn’t been updated because you had been released, you may have to deliver us a duplicate of the release documents. You can get one from the trustee who handled your bankruptcy or from the court where you were made bankrupt if you don’t have a copy.

If you’re currently bankrupt, we won’t be able to provide for you but are going to be very happy to start thinking about any applications as soon as you’re discharged.

Can a loan is had by me if we reside away from British?

We are able to just provide loans to those who are now living in great britain – that’s England, Scotland, Wales and Northern Ireland. Just as much as we’d love to simply help, other nations have actually various guidelines.

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

Exactly how much could I borrow?

By having an Amigo loan, you are able to borrow as much as ?10,000. So long as it prosper loans is affordable for you personally, we’ve got you covered.

Next, choose your loan term. Our loans may be removed between one and five years according to just just exactly what suits your allowance.

1 Starting the job

We’ll need to find out a bit about you. Meaning your title, date of delivery as well as your contact details (for whenever you are sent by us information regarding your loan).

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

What’s an electric signature?

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 field that says “I accept & signal this agreement”. Which means no paper types or delays that are unnecessary. As this is certainly just like a ‘wet-ink’ signature, it is crucial you don’t indication you’re agreeing to until you’re completely happy with what.

2 finishing your allowance plan

Next, we’ll request you to offer a quick break down of your finances. We should be sure this is actually the right loan for you personally, so we’ll simply just take your income down 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 re re payments alongside your normal living expenses, it does not make a difference if the earnings is from wages, advantages or retirement benefits (or someplace else nevertheless). It simply has to be regular and assured.

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

You to send in proof of your income, ID, or anything else, there’s nothing to worry about – it just means we couldn’t verify your information during our online checks if we ask. By turning in an obvious image of a document confirming these records, we could speed the application up 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 ask you for for an image message).

We can see the following information clearly – it’ll help if the statement covers a full month if you’re sending a picture of a bank statement, make sure:

• Your complete name
• The Bank’s logo
• Sort rule and account quantity
• The earnings being compensated in to the account (this could add advantages, retirement benefits or wage. If the earnings is compensated regular we need to see two consecutive days of re re payment)
• The date ( maybe maybe not avove the age of 100 days)

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

Advantages – present page through the Pros Agency

• Your complete name
• The total amount you get while the regularity of re re payments
• The date ( maybe perhaps perhaps not avove the age of 100 times)

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

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

Work wage – payslips

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