RE: impairment charges28 Aug 2020 10:06
The impairments are as a direct result of two specific events outside of Amigos control
The complaint issue is seemingly under control and Amigo have adopted new measures to curtail future issues. There is further work to be done and we await FCA guidance on the credit worthiness test
Both of these one would hope are one off events
The pandemic, loan holidays etc in response to government guidance