Complaints about guarantor loans rise by 3,000% in a year :

Complaints about guarantor loans rise by 3,000% in a year


1 month old
This article is more than 1 month old
Loans are backed by a relative or friend and have seen Amigo become UK’s most complained about financial firm
Family members and friends have protested to the Financial Ombudsman that they did not agree to be a guarantor or were forced into doing so. Photograph: Dominic Lipinski/PA
Family members and friends have protested to the Financial Ombudsman that they did not agree to be a guarantor or were forced into doing so. Photograph: Dominic Lipinski/PA
Tue 2 Mar 2021 19.01 EST
Last modified on Wed 3 Mar 2021 02.15 EST
Complaints to the financial ombudsman about a type of high-cost loan where the debt is backed by a relative or friend have leapt by more than 3,000% in a year and are running at almost 800 a week.

Related Keywords

United Kingdom , , United Kingdom Financial Ombudsman Service , Financial Conduct Authority , Financial Ombudsman Service , ஒன்றுபட்டது கிஂக்டம் , ஒன்றுபட்டது கிஂக்டம் நிதி ஆஂபட்‌ஸ்மந் சேவை , நிதி நடத்தை அதிகாரம் , நிதி ஆஂபட்‌ஸ்மந் சேவை ,

© 2025 Vimarsana