The Latest Breaking News from Amigo Loans

Amigo boss steps down as lender seeks lifeline before it runs out of cash

Kerry Penfold will immediately leave her role as chief executive and director of the publicly-listed company.

Evening Standard · May 12, 2025

Amigo Loans handed small lifeline as it continues with liquidation

The Bournemouth-based company has signed an agreement with one of its shareholders to find new loans for the firm, which is in the process of winding down

Birmingham Post · Jun 9, 2023

Amigo Loans chief executive resigns from troubled lender’s board

The Bournemouth-based company is in the process of winding down ahead of being liquidated

Birmingham Post · May 16, 2023

Amigo Loans swerves £73 million fine due to ‘financial hardship’

The scale of misconduct by Amigo Loans was laid bare today after the Financial Conduct Authority said it would have imposed a £73 million fine, were it not for the poor financial state the subprime lender was in.

Evening Standard · Feb 14, 2023

Amigo Loans customers urged to make claim with just two days left before deadline

Thousands of Amigo Loans customers and their guarantors have just days to bring claims against the firm for unaffordable loans before the window closes completely

Daily Mirror · Nov 24, 2022

Amigo learns lessons from FCA run in

Lender posts £170 million profit but moves quickly to explain anomaly

Evening Standard · Jul 8, 2022

Amigo Loans rescue moves step closer as FCA says it won’t oppose new plan

Amigo Loans had previously said that it risked insolvency if it paid out more than 10p in the pound

Evening Standard · Apr 11, 2022

Amigo Loans shares plunge 40% as lender issues ‘this or nothing’ survival plan

Amigo Loans’ shareholders face a massive dilution of their holding under the struggling lender’s latest proposed survival plan.

Evening Standard · Jan 24, 2022