Improvement back at 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 to you personally by having an SMS alert permitting you to know where we’ve surely got to. This might be just readily available for borrowers on real time loan requests.
Who are able to submit an application for an Amigo Loan?
Just about anyone can put on for the Amigo Loan provided that they meet our requirements:
- A British resident
- Aged 18-75
- Instead of a dynamic bankruptcy, IVA, or equivalent
- And may comfortably spend the money for loan repayments.
You’ll likewise require a close buddy or relative who trusts you to definitely become your guarantor.
The main thing to note is that we won’t judge you in your credit history. That’s because our loans derive from your recent financial predicament and trust. When your guarantor trusts you to definitely keep repayments, then we are able to trust you too.
Thus far, we’ve already lent to over 375,000 individuals who could have struggled to have loans from somewhere else.
Would you accept individuals released from bankruptcy?
Yes, we are able to accept individuals released from bankruptcy. If for example the credit report hasn’t been updated because you had been released, you may have to deliver us a duplicate of the discharge 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.
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 UK?
We are able to only provide loans to individuals who are now living in the united kingdom – that’s England, Scotland, Wales and Northern Ireland. Just as much as we’d love to greatly help, other nations cashnetusa have actually various guidelines.
If you reside in the united kingdom for at the least 2 months per year then we’re able to nevertheless accept you.
Exactly how much may I borrow?
With an Amigo loan, it is possible to borrow as much as ?10,000. For as long as it is affordable for you personally, we’ve got you covered.
Next, choose your loan term. Our loans could be removed between one and 5 years dependent on exactly just what matches your allowance.
1 beginning the application
We’ll need to find out a little in regards to you. This means your title, date of delivery along with your contact information (for whenever we give you information about 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 agreement electronically.
What’s a digital signature?
Supplying a signature that is electronic a good way of signing your contract online. In the place of composing a pen to your name, you merely click on the yellow package that says “I accept & signal this agreement”. Which means no paper kinds or delays that are unnecessary. As this really is the same as a ‘wet-ink’ signature, it is crucial you don’t sign you’re agreeing to until you’re completely happy with what.
2 doing your allowance plan
Next, we’ll request you to offer a fast break down of your funds. You want to verify here is the right loan for your needs, therefore we’ll just just take your income down and outgoings. This will show us in the event that loan re payments are affordable alongside your other economic commitments.
Do i need to be used?
You don’t should be used to borrow from Amigo Loans. Though we’ll be sure the loan can be afforded by you re re payments alongside your normal living expenses, it does not make a difference if for example the 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 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 a definite image of a document confirming these details, we are able to speed up the application and shell out the loan at the earliest opportunity.
You are able to deliver the image by e-mail to email protected or by photo message to 07717989072 (please remember that your telecoms provider could charge a fee for a photo message).
If you’re giving an image of the bank statement, ensure we could start to see the following information demonstrably – it’ll assistance in the event that declaration covers a complete thirty days:
- Your complete name
- The Bank’s logo
- Sort rule and account quantity
- The earnings being compensated to the account (this could add advantages, retirement benefits or income. In the event that earnings is compensated weekly we have to see two consecutive months of re re payment)
- The date ( not avove the age of 100 times)
We can also accept if you don’t have a bank statement:
Advantages – current page through the Pros Agency
- Your complete name
- The quantity you obtain additionally the regularity of re re payments
- The date ( perhaps maybe maybe not more than 100 times)
Pension – a page through the Department for Perform and Pensions or even a personal pension provider
- Your name
- The quantity you will get while the regularity of re re payments
Work wage – payslips
- Your complete name
- The company’s name
- 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 re payments)