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Amigo pauses new loans until 2021 as it faces flood of complaints

Amigo pauses new loans until 2021 as it faces flood of complaints

The subprime lender Amigo, which paused new lending after the coronavirus outbreak, has struggled to deal with an avalanche of complaints from customers and said it would not offer loans until next year. The firm received 25,571 customer complaints about a range of issues, and had been instructed by the Financial Conduct Authority to deal…

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