Amigo Loans Ireland Ltd

Amigo Loans Ireland Limited, trading as Amigo Loans, is a regulated provider of high-cost guarantor loans in Ireland. The company offers unsecured loans of up to €5,000 to individuals who may have been refused credit by banks or credit unions, including those with bad credit scores. Borrowers must have a guarantor who meets the company's criteria. The loans carry a representative APR of 49.9% (fixed), and the company warns that this is high-cost credit, advising customers to consider alternative options from other Central Bank of Ireland regulated lenders.

The company positions itself as a cheaper alternative to Provident loans, with no fees and no doorstep collection. It aims to pay out loans quickly and offers flexible repayment and account management options, including online access 24/7. Amigo Loans reports payments made on time and in full to credit reference agencies, which may help customers build their credit score. The company also highlights its loans for car finance, non-homeowners, and wedding costs, and states that borrowers do not need to own their home to apply.