160.9% - 1068.5%
272.2%
£50 - £500
Minimum Term 14 weeks
Loans up to £500 - 23, 31 or 52 weeks
Pay off your loan either in 14 weeks, 23 weeks, 31 weeks or 52 weeks
An agent will collect the money from your home
2-3 working days
No Fee
If you know you are going to struggle making a payment, you need to contact your agent who can work with you to find a solution
Cash delivered to your home.
No
265th for APR of 423 loans in the UK (See Lender League Table By APR)
69th for Customer Satisfaction (See Customer Reviews)
Provident is the largest doorstep lender on the market and subsequently cover most of the areas in the UK. This means that they deliver your money to your house and they pick up your repayments from your house. They offer loans from £50-£500 to customers. It doesn't matter what type of credit history you have, they will generally lend to you.
The application process is simple, apply online and get a provisional decision. They will contact you to meet your representative within 48 hours, who will come to your home to complete the application form. They may be able to give you the cash on that same visit. If not, they will return to your home a couple of days later after speaking with their manager and give you the money then. All meetings with your representative are carried out at your home.
The APR may seem high but they are still a popular choice with our customers due to the fact they help people regardless of their credit history. Like all doorstep lenders, it's really important you keep up with your repayments and try and pay the loan back as quickly as possible otherwise the interest charges will make the loan a lot more expensive. Make sure you keep your repayment book up to date as this is your proof of repayment. Their agents work on a commission basis, so when it comes to making their money, they take it into their own hands. Also, keep a record of all the payments you have made via a payment book - there has been reports that agents have collected your money and then not reported the payment back to their manager - which makes you look like you haven't made the payment and effects your credit file. This is a lender that should only be used if you have bad credit and if it is your last option.
Compare the price of home collected and other cash loans available in your area at www.lenderscompared.org.uk
|
Default Fees |
If you default on a payment, your loan may be referred to bailiffs who will take immediate action and repossess items |
|
Early Settlement Fees |
You can settle your loan at any time without a charge |
|
Late Payment Fees |
If you are going to miss a payment, you need to speak with your agent to arrange a better date. Or, they may get bailiffs involved |
Average Customer Review:
(22 customer reviews)
Add your own review
The most favourable review
The most critical review
Easy and good
Kierian,
1 year ago
I would just like to say, in my experience, how easy this was. I applied for a 500 pound loan with Provident Loans and within two day's the agent called and she came round with the cash. I signed a few forms and she will come around each week to collect payment. The thing is people seem to be put off by the APR they actually don't make that much off...
Read full review >
really bad
Mitra, London
8 months ago
hi i had a loan 2 years ago with provident with very hi interest hich is really bad for you and after i gave them all money back and i sold my car paid of all the loan and then after 8 months i find out this company took the money and they did not close and settle my account and now after this all months in my account showing 2 months late or 3 months...
Read full review >
They Will rob you blind, AVOID!!!
Kathy, Sunderland
1 month ago
I got a few loans from provident and I was happily paying them off dispite the massive APR % rates. My agent would call everyweek and she was pretty much the only person who would visit my home. I had my older brother over my home often and she started to question if he lived there and if he was my partner! I said no, and she was keep on asking if he wanted a loan, again I answered no he doesn't live here. She then called the job centre saying I was living with my partner??!!!! I got so angry at this as like I said he is my brother not my partner and he used my home to escape my mother for a while. I thought well she can be greedy well I can too. I went to my local debt advice centre and now I am paying them £1.00 per week :D Don't like people in my home who I can't trust and are willing to do things like that for extra commission. So the lesson here is DON'T TRUST THESE PEOPLE THEY WILL TAKE YOUR EYE BALLS AND COME BACK FOR YOUR SOCKETS IF YOU LET THEM!!!
Superb
R, Inverness
3 months ago
I took a loan with Provident, fell behind with payments bat found they were great and set up a more affordable weekly ammount, no hassle or no extra charges. Even afterwards if I could not pay on time they would just ask for a suitable time to call again.
No problems here :)
Natalie, Stafford
3 months ago
I have never had any problems with my Provident loan. My agent is brilliant and has become a friend of mine. She comes every week and shows me her booklet so I know my payments are being made. If I have no money on the day she usually comes (Tuesday) she is always in my area on the Friday so will call back. Yes the apr is high and I originally only got one as my ex husband left me with nothing but if I was in desperate need of cash again I would definitely go back to them
Provident Financial Plc, 1 Godwin Street, Bradford, BD1 2SU
0800 409 6654
Provident Personal Credit Debt Help
http://provident-personal-credit.debt-line....
