Alternative to Payday Loans
Borrow up to £10,000, no matter your credit score
Why choose Amigo Loans as an alternative to payday loans?
Up to 25 times cheaper than payday loans
No credit score needed
Guarantor loans in 2-48 hours
What are the best payday loan alternatives?
We've all been there - an unexpected bill through the letterbox or the car making some odd noises that shout ‘time for a service'. If you're in need of extra money, a payday loan may seem like a quick fix. But we know better than anyone that a payday loan can be more of an issue than an answer.
If you're not careful, the high APR can quickly become too much and you could soon be in a worse position than when you started. It's not uncommon to become trapped, taking out a new payday loan every month just to repay the interest from previous loans. It's not a nice place to be in, which is why we're so keen to help.
2 Credit unions
3 Bank loans
4 Borrowing from friends or family
Of the payday loan alternatives, guarantor loans could be the best option for those in need of quick, affordable funding that could help improve your credit score. Our flexible guarantor loans are regularly cited by price comparison sites as a suitable option for anyone borrowing between £1000 and £10,000, and with an APR up to 25 times smaller than a typical payday loan.
Just how different are we?
We're classed as a ‘mid cost' lender. Our loans are more expensive than bank loans, but because we don‘t judge you on your credit score, we're able to help millions of customers the banks won't.
A payday loan alternative without the drawbacks
No Additional Charges