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Evening Standard
Evening Standard
Business
Mark Banham

Amigo customer numbers halve in a year

Amigo is looking at a return to lending

(Picture: Amigo Loans)

Sub-prime lender Amigo has witnessed its customer numbers half in just a year even facing the worst cost of living crisis in decades a key time for consumers to take out “non-traditional” loans.

The troubled group that has had run ins with the Financial Conduct Authority (FCA) that led to its self-imposed departure from the lending market two years ago has seen customer numbers dive by 48.3% from 118 million in the three months to the end of June last year to 61 million during the same period this year.

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