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“We want to get Amigo back to life again” – CEO’s statement as lender posts £87m loss

“We want to get Amigo back to life again” – CEO’s statement as lender posts £87m loss

Amigo Loans has posted an £87m loss for the nine months to December 31 2020, a 289% drop on the same period in 2019

Top Stories

“We want to get Amigo back to life again” – CEO’s statement as lender posts £87m loss
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“We want to get Amigo back to life again” – CEO’s statement as lender posts £87m loss

26 Feb 2021Lauren Tavener
Amigo Loans has posted an £87m loss for the nine months to December 31 2020, a 289% drop on the same period in 2019

More news

Buy-now pay-later providers require "urgent" regulation - Woolard review

Buy-now pay-later providers require "urgent" regulation - Woolard review

News02 Feb 2021
There is an "urgent" need to regulate all buy-now pay-later firms, according to an FCA-commissioned review that sets out 26 recommendations on unsecured credit
Lending Awards winners revealed for 2020

Lending Awards winners revealed for 2020

Top Stories20 Nov 2020
Credit Strategy has announced the winners of the 2020 Lending Awards, sponsored by Lantern, after an interactive digital ceremony
Lenders’ new priorities for risk and growth – the Lending Summit agenda revealed

Lenders’ new priorities for risk and growth – the Lending Summit agenda revealed

Top Stories23 Oct 2020
A diverse set of speakers from Lloyds Banking Group, HSBC, Klarna, RateSetter, Skipton Building Society and others will appear at the Lending Summit next month, where panellists will explore the completely new territory lenders are moving into
Evan Davis and FCA to appear at a landmark Credit Summit for 2020

Evan Davis and FCA to appear at a landmark Credit Summit for 2020

News16 Oct 2020
Credit Strategy has launched the full agenda for the Credit Summit, sponsored by Experian, which will feature Evan Davis returning as chair and the Financial Conduct Authority (FCA) delivering a keynote on the regulator’s expectations
Former Barclays directors to launch UK challenger bank

Former Barclays directors to launch UK challenger bank

News14 Oct 2020
Two former Barclays executives are hoping to launch a new British bank targeting young professionals

Trending

Mark Standish

Opinion: Risk-based pricing will be key to future of dealer finance

22 Feb 2021Mark Standish
Mark Standish, MotoNovo’s chief executive, explores the potential impact of the latest Financial Conduct Authority’s (FCA) rules for motor finance
Read more

GET THE LATEST INDUSTRY NEWS STRAIGHT TO YOUR INBOX

Network television: How the Credit Festival united industries

Network television: How the Credit Festival united industries

Edition’s highlights:

→ How economists perceive the financial cliff edges for consumers in 2021

→ The vulnerability matrix: Why Capital One’s approach to vulnerability is regarded as best-in-class

→ Food shortages and cold homes: The reality of problem debt
Read the issue

The CS Interview

Premium: Yorkshire Building Society’s Tracey Newton on scaling the lender’s reward offering to its staff

Premium: Yorkshire Building Society’s Tracey Newton on scaling the lender’s reward offering to its staff

19 Feb 2020Amber PritchardAmber Pritchard
Tracey Newton of Yorkshire Building Society discusses innovating a reward strategy to serve nearly 4,000 people, whatever stage of their life or career they are in
Read full interview

Opinion

Mark Standish

Opinion: Risk-based pricing will be key to future of dealer finance

22 Feb 2021Mark Standish
Mark Standish, MotoNovo’s chief executive, explores the potential impact of the latest Financial Conduct Authority’s (FCA) rules for motor finance
Gareth McNab

Opinion: The path to debt freedom needs more simple solutions

05 Feb 2021Gareth McNab
Gareth McNab, director of external affairs at Christians Against Poverty, explains why change is needed to ensure that low income households are able to access affordable insolvency solutions
Chris Fitch

How to satisfy ICO and FCA guidance on vulnerability

22 Jan 2021Chris Fitch
Traditionally, firms have used explicit consent to record customer health issues. Other options exist but, as Credit 500 member and vulnerability expert Chris Fitch notes, they bring their own challenges

Features

Lenders’ new priorities for risk and growth – the Lending Summit agenda revealed
Share on LinkedInShare on Twitteremail

Lenders’ new priorities for risk and growth – the Lending Summit agenda revealed

23 Oct 2020Marcel Le GouaisMarcel Le Gouais
A diverse set of speakers from Lloyds Banking Group, HSBC, Klarna, RateSetter, Skipton Building Society and others will appear at the Lending Summit next month, where panellists will explore the completely new territory lenders are moving into

Credit 500 - an index of influence

Credit 500
Alex Ellerton

Alex Ellerton

Partner
Grant Thornton
Andrew Brameld

Andrew Brameld

Managing Director
BNP Paribas Personal Finance
Cyrille Sallé de Chou

Cyrille Sallé de Chou

Chief Risk Officer
HSBC
David Poole

David Poole

Chief Risk Officer
Vanquis Bank
Doriana Iovino

Doriana Iovino

Chief Risk Officer
Vive Bank
View Credit 500

Webinar recordings

Listen on demand webinar - How open banking can ensure responsible lending growth

Listen on demand webinar - How open banking can ensure responsible lending growth

This on-demand webinar with Credit Kudos and a ...
Available on demand: Tracking the car finance market’s recovery 

Available on demand: Tracking the car finance market’s recovery 

Credit Strategy’s webinar on tracking recovery ...
Listen on demand: Compliant expansion - understanding the international payments landscape

Listen on demand: Compliant expansion - understanding the international payments landscape

Credit Strategy members can now listen on demand ...
Listen on demand: Webinar - Tracking confidence in Car Finance

Listen on demand: Webinar - Tracking confidence in Car Finance

Credit Strategy is hosting a webinar, in ...

Insight tools

Speaker Interview: Experian's Rob Haslingden

Credit Strategy speaks to Experian’s Rob Haslingden at the Lending Summit 2019

Speaker Interview: Experian's James McGarva

Credit Strategy speaks to Experian’s James McGarva at the Lending Summit 2019

Speaker Interview: Experian's Emma Davies

Credit Strategy speaks to Experian’s Emma Davies at the Lending Summit 2019
More insight tools

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Magazine digital editions

Network television: How the Credit Festival united industries
The personal touch: How lenders are supporting vulnerable customers through the pandemic
Great expectations: Why mortgage customers affected by Covid need innovative new products
Payment deferrals: Lifeline or liability?
Continuity in a Crisis
New directions: Debt purchasers have moved to deleverage and refinance. What are the factors driving them?
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