Amigo Loans
Guarantor Loans from £500 to £10,000

Amigo Loans were one of the lenders to popularise the guarantor loan.

Formerly known as FLM Loans, currently they are the only lender to have and online account management system, so once you have taken out the loan you can log in, make payments and see that up to date status of your account.

As with all loans when you have a poor credit rating, Amigo’s APR costs are higher than you would get for a typical ‘high street’ lender, but within the Guarantor marketplace, their rates are ‘middle of the road’.

There are other lenders who will offer both smaller and larger loans, plus wider criteria, but if you prefer going with the market leader then Amigo are your lender. To contact them see Amigo Loans Phone number

Loans from
£500 to £10,000
Repayment duration
12 to 60 months
49.9% representative
See representative example
Lending rating
82.9 out of 100
Time to Apply
1 minute 33 seconds

Loan Highlights

No fees of any kind

You don't need to have a good credit history

You don't need to have direct debit facilities

Your guarantor does not need to own their home

You don't have to have been a resident of the UK for a specified length of time

More features

Minimum Criteria

You will need a guarantor

If you have a poor credit history, it's likely your guarantor will need to be a homeowner

Your guarantor will need to make your repayments if you can't afford to


Maximum APR 49.9%

Arrangement fee: £0

Early repayment fee: £0

Late payment fee: £0

Top 3 loans by score, reviews and cost

Compilation of Amigo's online reviews

4.7 out of 5 from 20,198 online reviews

Amigo has over 20,000 reviews online, on Trustpilot, Reviewcentre and Readies; however the majority of these are on Trustpilot:

  • 19,153 reviews
  • Excellent - 85%
  • Great - 11%
  • Average - 2%
  • Poor - 1%
  • Bad - 1%

We have compiled below a selection of these reviews, both good and bad.

My verdict of Amigo Loans

By Jon Edward

Lender performance rating 82.9 out of 100

You only have to see a large number of positive online reviews for Amigo to see they are the No 1 guarantor loans lender in the UK.

You will regularly see their adverts on TV, so they are also the best known off all guarantor lenders.

With loans from £500, the monthly payments can be very affordable.

Their online application process is well tuned and customer service team is generally very good.

Over 20,000 online reviews cannot be wrong, so if you are looking for a loan, then Amigo is an excellent choice.

Loan Description

Amigo offer loans from £500 (which is lower than most of the other lenders) up to £7500, the following summarises some of the main features

Bamboo provide a solid loan offering and we have found them to be responsive and professional; though we would always suggest looking at the other options on the market before making a final decision:

Representative Example

The following is Representative Example of an Amigo Loan

If you borrow £4000 over 36 months, repaying £195.16 per month, total repayable £7,025.76. Interest rate 49.9% (variable).

Amigo TV Advert

Company Info

Amigo offer loans from between £500 to £7,500 for periods from 1 to 5 years with a representative APR of 49.9%. Amigo are a specialist guarantor loans lender, so rather than looking at your credit rating to get a loan, they will look at your loan backers credit history