Member Info for Maverick12

As a new Board and management team, we are focused on developing a business that is very different from the Amigo of the past, founded on lending responsibly with enhanced affordability assessments (including use of Open Banking technology).

Subject to FCA approval, going forward the new proposition would include a personal unsecured loan, as well as a guarantor loan, designed with customers' interests at the heart. Amigo aims to bring two genuine firsts to the market: a transparent and rewarding feature that allows customers to lower their monthly payments by reducing the APR on their loan; and the ability to take an annual payment holiday – 100% interest free. We believe there is a pressing need in the market for a mid-cost product that can, through incentive and increased flexibility, help customers improve their financial wellbeing with the aim to improve their access to mainstream financial products in the future.

We have a new leadership team who have entirely overhauled internal affordability processes, including increasing the number of interactions with customers and introducing the use of Open Banking to aid affordability assessments. Our approach to future lending will have been reviewed by the FCA and we will remain in regular dialogue to ensure we are aligned with best practice and compliant with regulatory standards.

https://www.youtube.com/watch?v=VQpJkN74gSw

Very informative....

Unfortunately she's just one bitter & twisted individual....head over to twitter & joint the group to avoid the constant toxic drivel which has undoubtedly ruined this chat group...

I am starting finding PFC very frustrating, sick of the senior management team constantly posting outdated news on linkedIn....

One of my holdings AMGO had the same issue of toxicity ruining the LSE chat board, so we set up a verified twitter group (Verify holdings) and ID this certainly eliminated the issue, we now have a great group of LTH with a common goal.....maybe this is something we could consider for PFC

Great post BeastlyD, add me on twitter @prmansell would be great to add you to the twitter group...

Apologies Gegfin, I overreacted in seeing my name in the subject bar.

Thank you HH appreciated...

Excuse me, I am not interested in ramping anyone in as I have no intentions of selling, I am a long term investor who doesn't care less about the intra day SP...Please do your own research if you have the capability....

Great to see some sensible / positive comments on LSE for a change, Bybrook selling as only interested in the distressed bonds & a great post from Franky regarding the timing of the share raise.....
Don't forget we have the verified twitter group if anyone is interest plus the ASAG group, just add me @prmansell on twitter for any advice....

Just use the filter on the toxic trolls..... stick to the plan & join the twitter group.

https://www.ft.com/content/8f121a58-a6fe-4e28-ae5e-d9f041e73f03
Great read....

To all the real Amigo investors, LSE is toxic, come & join a 2 year old twitter group with like minded holders... @prmansell

https://www.ft.com/content/b7c46e27-b762-436e-b8b2-a01ab7f965ab
Worth a read...

https://polaris.brighterir.com/public/amigo_loans/news/rns/story/w0mejzx
Bybrook

Personally I have faith in Gary & the team to deliver for the shareholders...
There is also a private Amigo group on twitter so please feel free to add @prmansell for details.

Thanks for sharing Lanora1

Deepest sympathies & condolences, I am totally shocked...

I am expecting a full blown video & presentation with a forward looking statement from Gary & team in '10 WORKING DAYS' I am sure the mm's will play games until then, so buckle up...