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Just to confirm the chief executive of the UK’s Financial Conduct Authority stated for the record, 2 hours ago:
“We can see a real difference in terms of impact on the haves and have-nots in this crisis…. But for the poorest and most vulnerable in society, there is still a demand for credit”
Is Amigo Holdings paying attention to their duties and legal obligations?
Re lending in accordance with FCA guidelines approved!
That would go a long way in :
“MAINTAINING A COMPANIES REPUTATION FOR HIGH STANDARDS OF BUSINESS CONDUCT”“
Just to confirm the chief executive of the UK’s Financial Sector is saying:
“We can see a real difference in terms of impact on the haves and have-nots in this crisis…. But for the poorest and most vulnerable in society, there is still a demand for credit”
Is Amigo Holdings paying attention?
That would go a long way in :
“MAINTAINING A COMPANIES REPUTATION FOR HIGH STANDARDS OF BUSINESS CONDUCT”“
That would go a long way in :
“MAINTAINING A COMPANIES REPUTATION FOR HIGH STANDARDS OF BUSINESS CONDUCT”“
‘Even if they just lent to people starting a COVID friendly business, maybe they need to buy a sewing machine, or 3d printer, or other equipment to work from home?
That would go a long way in “MAINTAINING A COMPANIES REPUTATION FOR HIGH STANDARDS OF BUSINESS CONDUCT”“
Whats hard to believe jimmy is that you can not see whats going on in the world.
You have just ignored MILLIONS OF PEOPLE in this country who now only work part time.
(Company puts a hundred people on part time hours instead of sacking 50% of them!)
Living on part time wages cant be fun, hence so many opportunities for home working.
Many more Demographics will be able to pass the affordability checks.
Hey it might even help put food on the table!
Timmy, great response.
I can not understand such a dogmatic approach by jimmy.
Different members of the public have vastly different circumstances.
Is it so hard to believe that there are many members of the public that given their circumstances will fulfil the lending criteria, if afforded the opportunity?
Jimmyg56
Perhaps you should learn to read before coming on this board for the big boys and girls!
The re lending could help Families + Investors.
If people could use 5k to set up a friendly business from home they would then be able to put food on their families table and pay the loan!
Perhaps this is too difficult to comprehend if you have binary thought.
Run along now...
Even if they just lent to people starting a COVID friendly business, maybe they need to buy a sewing machine, or 3d printer, or other equipment to work from home?
That would go a long way in “MAINTAINING A COMPANIES REPUTATION FOR HIGH STANDARDS OF BUSINESS CONDUCT”
Itisagame
In answer to your question :
“ Why do YOU need them to restart lending right now?‘
The directors and board of Amigo Holdings have responsibilities and duties as well as the legal and moral obligation, amongst Many other things to promote the success of the company?
Have they really not seen the share price for the last few months?
Has that decision not adversely affected the success of the company?
Is it time to revise that decision on the current circumstances and global events?
The Fca says they can lend, its happening with “KEY WORKERS”
Its the board that has decided to STOP the main business of lending!
IS IT NOT TIME TO REVIEW THOSE DECISIONS GIVEN RECENT EVENTS?
Itisagame
In answer to your question :
“
300 k alone could have provided 60 FAMILIES with £5000 cash Each to start a covid friendly business and feed their families!
Are Public and family lives less important than “Key Workers” Now?
Itisagame
Where is the logic in what You said:
“im sure the papers would have a field day with headlines such as “XX exploits the poor by profiteering with a new aggressive Advertising campaign during Covid”
So it ok to profiteer and exploit “KEY WORKERS”
They have quite happily advertised that!
The fact is there are people in need, who are being told they are not worthy like the “KEY WORKERS”. !!!
With that logic calamari:
“ Lending to people who are going to be locked-down so the won't be able to repay the loan is bad for the borrower and bad for the lender”
Are you saying Amigo Holdings thinks we will be in lockdown until the end of the year, maybe Christmas?
NOW is the time people will need loans, not just the “Key Workers”
Is it Amigo holdings obligation to immediately start re lending due to the pending “2nd lockdown” or further restrictions?
Many eligible members of the public need loans now more than ever!
Do the General publics lives matter as much as the “Key Workers”?
Or is there a new “CLASS SYSTEM” on the horizon?
Soundrisky
Are you Actually defending ILLEGAL Market Manipulation?
Since when was Amigo Holdings affected by the wider market!
Looks like Fridays After Hours Trade worked.
Amigo holdings opens at 10.15
Thats about 8% Down is’nt it?
I wonder if the NSA or MI Would know all the players here & their aliases?
If that be the case be mindful of what will happen after the 29th...
Maybe a joint venture with glen and the FCA on equal footing?
So maybe re rate to 70 to 77p.
Meaning maximum holding 6 to 9 %