Can I give an Amigo loan back?

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Lee123

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Post by Lee123 » Mon Jul 23, 2018 6:36 am
I have just received an amigo which I applied for I haven’t spent any of the money as it’s only been couple hours since it appeared in my account. I was wondering can I give the loan bk as I’m unsure I will be able to keep up payment ?

Foggy

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Post by Foggy » Mon Jul 23, 2018 6:45 am
Lee123 wrote:
I have just received an amigo which I applied for I haven’t spent any of the money as it’s only been couple hours since it appeared in my account. I was wondering can I give the loan bk as I’m unsure I will be able to keep up payment ?

You would have to look at the terms and conditions, but I would expect there to be a "cooling off period" during which you can repay and cancel the arrangement.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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magicsam

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Post by magicsam » Mon Jul 23, 2018 11:50 am
Lee123 wrote:
I have just received an amigo which I applied for I haven’t spent any of the money as it’s only been couple hours since it appeared in my account. I was wondering can I give the loan bk as I’m unsure I will be able to keep up payment ?
This link may help

https://www.which.co.uk/consumer-rights ... ed-to-know
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