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@steveknowsnothin you really need to get a job or a cat or actually just invest. Amazing how we only see you on these boards on red days lol
Buy yeah, if you don't have a job, you are going to need a loan, but aren't going to get one, because you don't have a job.
they are guarantor loans so more protection surely.
@calamari here ya go - https://www.ajbell.co.uk/news/brits-pay-debt-and-shore-savings-recession-looms
Added more : )
I’ll up that to 23p
Surprised to see only 50 millions market cap
@Cando66 3rd of October 20p?
I wish I had more to add soundsrisky, it’s holding well given the market fears and I like how it bounced off 10 well so hopefully a support there
I have the feeling @steveknowsnothin that amigo may have turned you down for a loan in the past. I will be here on the 3rd of October my friend and we shall discuss the SP then but I’m pretty sure you won’t be here giving your dribble by then
Steve
"Then you generally have a bad credit score and in all likelihood no or limited guarantor options with the requisite requirements or spare cash to back your potential debt."
The whole Subprime lending market is based on people having bad credit. That's why it exists
Yea even tier one lenders are offering worse rates that Amigo at the moment the banks are very cautious about lending.
Amigo would be in huge demand in the wake of this long epidemic.
We’re holding well so far there’s no reason for this to affect AMGO.
All I know if that I'm far more relaxed today than I was on Friday. This is holding well considering. Might even add more : )
Yep that’s correct people that don’t have much money they pay of loans they don’t take them out how silly am I
To be honest @steveknowsnothin I can see why people have filtered you lol but you do make me chuckle
Then you generally have a bad credit score and in all likelihood no or limited guarantor options with the requisite requirements or spare cash to back your potential debt.
i think there's still a blend steve, where people do take loans out they won't be able to get them from Tier 1 lenders, which will push some our way...
Yes, if you have the funds or income. What do you do if you do not have the income or funds ?
@steveknownnothin sorry your funny and I will be here in 2 weeks and maybe months ago it was very risky but you may have noticed we have moved on since then a lot
@toma.kyuch I think you don't understand what people do in a recession, they pay off loans, not take them out.
Lol your funny
This only can mean 1 thing - increased demand for Amigo's products and loans. People need to have access to finance and Amigo will be there to support them.
@Cando66 - my thoughts exactly. I see this as a strong option now compared to many others.
@Cando66 if you don't think it is a risky investment, you are 100% on the right board.
Let’s see what this SP is like in 14 days time at amigo
We shall meet back up on here on the 3rd October and see what the sp is
Steveknowsnothin
That’s exactly what I mean and amigo I’m sorry to say is no longer a risky investment and if you think it is you are now on the wrong board