Credit Company Names
Names of the credit institutionsThe FLM/Amigo are a specialized company that offers credit to those with poor or no credit, so why do they do the whole surety thing? For £3000 the credit was at a rate of I think was about 60% APR. Payed about £137 per months but it didn't seem to go very much down, finally the next year my mother was offering to repay the loan off and then I repaid her at a rate of 6-8% APR, much better.
Now, after talking to Amigo today, they said to me that I don't pay PPI because they don't provide it (I asked for a copy of my credit agreement), but they said to me that I pay income protection insurance, but that it wasn't for them but for their affiliate Payment Guard.
However, the only payment I ever issued checks for was to FLM, so I guess somewhere on the line Payment Guard took a percent of the payment I made to FLM for income protection insurance. I' ve done a credit review on myself and Payment Guard doesn't appear anywhere, so I came up with the idea with the above theories.
{\pos (192,210)}So is there a guysituation, any suggestion what I could do, if anything?