The name “Grant Thornton,” the Grant Thornton logo, including the Mobius symbol/device, and “Instinct for Growth” are trademarks of GTIL. GTIL and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions. Services are delivered by the member firms. You’ll also need a friend or family member who trusts you. and are able to make the loan repayments and pass our affordability checks. not on an active bankruptcy, IVA, or equivalent or a Debt Management Plan.
GTIL does not deliver services in its own name or at all. Almost anyone can apply for an Amigo Loan as long as they meet our criteria: a UK resident. If you dont repay on time, the most you can be charged. GTIL is a nonpracticing umbrella entity organized as a private company limited by guarantee incorporated in England and Wales. Someone taking out a loan for 30 days will pay no more than 24 in fees and charges per 100 borrowed. In other words, for every £100 borrowed, youd pay back £175. This means that if you borrowed £5,000 over three years, youd need to pay back £8,782.20. A typical example would be Amigo Loans, which charged 49.9 APR on a typical loan.
GTIL and each member firm of GTIL is a separate legal entity. Guarantor loans are expensive you can end up paying back £175 for every £100 you borrow. Grant Thornton LLP is a member firm of GTIL. GTIL refers to Grant Thornton International Ltd (GTIL). © 2022 Grant Thornton LLP - “Grant Thornton” refers to the brand under which the Grant Thornton member firms provide assurance, tax and advisory services to their clients and/or refers to one or more member firms, as the context requires.
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