Amigo Loans has pioneered the guarantor loan concept in the UK, which is a personal loan for which interest and principal payments are guaranteed by a second individual, typically a family member or friend with a stronger credit profile than that of the borrower. The company offers a single, simple product, which is a guarantor loan under which individuals are currently able to borrow between £500 and £7,500 over a term of between 12 months and 60 months at a standard fixed annual percentage rate of 49.9% (which equates to a flat interest rate of 41.16%) with no fees, hidden charges or redemption penalties. We're a friendly guarantor loans company who make borrowing possible, even if you don't have the best credit score. No hidden costs or fees. Representative 49.9% APR (variable)
