Rating based on 39 reviews



  • Vehicle finance up to £10,000
  • Low-interest up to 49.9%
  • Repayment up to 60 months

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Author Amigo. Screenshot of Amigo website. [Accessed May 15, 2020]

About Amigo

At Amigo, we offer guarantor loans to individuals who have bad credit.

Every one of our customers deserves to get the financing they need and that is where we come in.

Our vehicle finance provides the answer for you to own your own vehicle today.

Bad credit car finance

Having a low credit score can make it hard to get car finance from vehicle dealerships, high street lenders or banks.

We could offer a helping hand if you've been refused elsewhere as we rely more on human judgement as opposed to computers.

Get a loan fast

We believe that car finance should be accessible even if you have a poor credit rating.

Thus, we aim to assist as many people as possible, and we base the merits of our decisions on each individual situation.

Our awards

We have won numerous awards, which prove that we are a preferred lender in the UK:

  • Best Credit Builder Product 2017 Winner
  • Best Fast Credit Disruptor UK 2016
  • Treating Customers Fairly 2015 - Winner: Amigo Loans
  • Non-Standard Consumer Lender of the Year 2016

Amigo Services

A guarantor loan from Amigo is the answer we provide to those with poor credit ratings who are seeking car finance.

Provided that you are not currently insolvent or on an IVA, we do not consider your credit rating when approving your loan. What we do is ask you to have a guarantor who trusts you and agrees to make the repayments should you default on repayment.

Guarantor loans available

  • BAD CREDIT Car Finance
  • LOANS for Bad Credit
  • DEBT Consolidation Loans
  • UNSECURED Guarantor Loans
  • WEDDING Loans for Bad Credit

What are the best loans for bad credit?

Although there are various loan options available for people with bad credit, which is dependent on your requirements and circumstances, one of the best options in terms of interest rates and repayment options, can be a guarantor loan. Our guarantor loans can help make your financial future better. If you repay your monthly repayments as per our agreement, you can easily improve your credit score.

We look beyond credit scores

Why are we a preferred UK lender because at Amigo Loans? Because we do not judge your loan application based on your credit score. With our wide range of loans available, we are able to assist people with almost any financing requirement.

Amigo Product Details

  • Loan Type Vehicle finance
  • Interest Rate 49.9%
  • Loan Amount up to £10,000
  • Repayment 12 months to 60 months

Benefits of Amigo

  • Flexible and affordable repayment options
  • Affordable vehicle finance
  • Apply for a loan with a bad credit history

It's quick & easy to get your vehicle financed with Amigo

There is no reason for you not to own your own vehicle, and we are here to make that possible.

How to apply for a guarantor loan

Firstly, complete and e-signs our 5-minute application form. Once accepted, a link will be given to your guarantor, who will use it to complete and sign the guarantor section on the online application form.

What happens next?

Both the borrower and guarantor will also be required to fill in a simple, online form stating how much money they earn as well as monthly expenses made. It helps us to provide you with an affordable online loan that suits your financial needs.

24 hour loan transfers

After the above has been done, we will have a quick chat with both people to confirm the details and make sure they understand the terms and conditions of the guarantor loan. We always aim to pay out all loans within 24 hours of the guarantor being accepted.

What are the borrower requirements?

Our minimum requirements are that you must be a UK resident aged between 18 and 75. You should not be on an active bankruptcy, IVA or equivalent and you need to meet the affordability requirements for the loan amount you wish to apply for. Please note that a guarantor loan requires you to have a friend or family member who trusts you to be your guarantor.

Advantages of car finance with guarantor loans

If you are considering a guarantor loan rather than a traditional car financing, you might want to know what the advantages thereof would be.

  • No fees and no deposits on your car loan
  • CCJs and defaults are accepted
  • Fast loan transfers; you could receive your funds within 24 hours
  • Build your credit score steadily by making repayments on time
  • As with our personal loans, you can use your car loan for many purposes such as buying your car, your car insurance and your road tax, or any other extras like new tyres or a maintenance service.

Need more information?

Should you require more information on guarantor loans, please visit our guarantor loans page. Alternatively, you can use our loans calculator to find out how much you could borrow. 

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Amigo is a trusted & reliable provider of vehicle finance

In our review, Amigo adheres to the compliance criteria in accordance with the Financial Conduct Authority, where the granting the loan will not cause financial distress to the consumer.

Amigo is a registered credit provider in the UK; FCA number 708284

Customer Reviews & Testimonials

Despite my poor credit rating Amigo was still willing to give me car finance. Thank you!

Hilary F
— Manchester —

The online loan calculator was a very useful tool that helped me see just how much I can afford to borrow for a car.

Lyndsey C
— Leeds —

The online application and approval took very little time, I was impressed. I was able to buy my car within two days.

Candace B
— Peterborough —

Amigo Contact Details

Contact Number


  • not available


Physical Address

  • 118-128 Commercial Rd Bournemouth England BH2 5LT United Kingdom
  • Get Directions

Opening Hours

  • Monday 09:00 – 19:00
  • Tuesday 09:00 – 19:00
  • Wednesday 09:00 – 19:00
  • Thursday 09:00 – 19:00
  • Friday 09:00 – 18:00
  • Saturday 10:00 – 13:00
  • Sunday – Closed