313378008135 t1_jdegbbe wrote on March 23, 2023 at 8:23 PM Reply to Struggling high-cost lender Amigo has said it will halt all lending and wind down its business after failing to raise extra funds from investors. by Naive-Maintenance244 not just any old payday loan shark, but a payday loan shark that doubled down - having a guarantor to take to the cleaners if you didn't pay up (your "amigo" with good credit promised to pay if you didn't). Permalink 10
313378008135 t1_jdegbbe wrote
Reply to Struggling high-cost lender Amigo has said it will halt all lending and wind down its business after failing to raise extra funds from investors. by Naive-Maintenance244
not just any old payday loan shark, but a payday loan shark that doubled down - having a guarantor to take to the cleaners if you didn't pay up (your "amigo" with good credit promised to pay if you didn't).