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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

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“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

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Credit Strategy postpones Credit Week

Credit Strategy postpones Credit Week

Top Stories12 Mar 2020
Amid the global Covid-19 pandemic, a surge in UK infections and the government’s anticipated move to a ‘delay’ phase, Credit Strategy has decided to postpone all events during Credit Week
Parliamentary Reception: Meet the powerbrokers at the heart of policy

Parliamentary Reception: Meet the powerbrokers at the heart of policy

Events news20 Feb 2020
Returning to Credit Week in 2020, the Parliamentary Reception, sponsored by Indesser, provides the ideal opportunity for ministers to meet face-to-face with senior credit professionals
Credit Summit 2020 outline agenda launched

Credit Summit 2020 outline agenda launched

Mergers and Acquisitions News02 Oct 2019
Credit Strategy is delighted to announce the launch of the outline agenda for the Credit Summit 2020, sponsored by Experian
Women in Credit 2020 entries open

Women in Credit 2020 entries open

Mergers and Acquisitions News25 Sep 2019
Credit Strategy is delighted to announce that entries are open for the third Women in Credit Awards
Don’t miss Credit Week 2020

Don’t miss Credit Week 2020

Mergers and Acquisitions News25 Sep 2019
Credit Strategy is delighted to announce the return of Europe’s largest gathering of credit and financial services 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
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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

10 years of the Credit Summit: How the tone has turned

10 years of the Credit Summit: How the tone has turned

22 Feb 2018Marcel Le GouaisMarcel Le Gouais
At the Credit Summit in 2014 Martin Wheatley, the FCA’s “shoot first, ask questions later” boss at the time, told delegates that unsecured debt in the UK had reached £158bn. Just four years later it now stands at £205bn

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 ...

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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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