Amigo Loans Disregards FCA’s Claims into Guarantor Loans
Chairman of Amigo Loans Stephan Wilcke has recently made a statement claiming that the lending company will be fighting back on the supposed false claims made about their business model. Guarantor Loan Comparison investigates: Amigo Loans lends to those who struggle to get loans from the more mainstream banks. This can be down to a number of different reasons, one of the main ones being bad credit, requiring a guarantor
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How Do I Check My Credit Score?
Knowing your credit score and understanding how it works is vital for numerous different financial applications. Whether it’s your first credit card or a mortgage, understanding how credit-worthy you are can be extremely helpful throughout any loan application process; helping you to determine the types of loans you will be accepted for and avoiding those which could potentially reject you, and further damage your credit score. There are three different
Read MoreFCA Reveals Significant Rise in Guarantor Loans
The Financial Conduct Authority has found that the number of borrowers applying for a guarantor loan as increased significantly. The Financial Conduct Authority (or FCA) is a UK financial regulatory body that works independently from the UK Government. According to their research, the balances on current guarantor loans have increased by more than double in only the past three years. Lending is one of the largest industries both throughout
Read MoreCan you get a mortgage with a zero hour contract?
Zero hour contracts are increasing in popularity. This is primarily down to the flexibility they offer the employer, but there are some benefits to workers too. For those who like to be able to take control of their earning potential, a zero hour contract can help them to do so. It also frees you up to be able to accept work from another company without needing to give notice.
Read MoreScammers target Instagram users with investment scam
According to Action Fraud, the UK police-led scam reporting centre, there has been a huge influx in the number of victims on Instagram falling prey to investment scams, with the average victim n their 20s losing an estimated £8,900 as a result of being targeted by a ‘get rich quick’ scheme on the social media app. Overall, it is estimated that the losses total to more than £3 million in
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