We’ve manufactured the decision to close Provident Personal Credit (PPC) on 31st December 2021. When you have a balance remarkable with PPC, we’ll be clearing it on that date. Through the years, we’ve been happy to help you people who wanted a loan.
Raheem Khalil was the problems handler and he dealt with the case very quickly I happen to be advised it will eventually take fourteen days for me to get a cheque within the submit for that payment so will update the moment I get this
You can find a refund on the entire amount, interest and charges as long since the loan is still Energetic or when you repaid the loan in the last 6 several years.
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This sort of legacy loan problems, lots of which came by means of promises management companies, ended up The important thing reason behind the demise of Wonga last yr.
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UPDATE eighteen December 2021: Provident has verified that it is completely closing its doorstep lending loan options enterprise (Provident Personal Credit) on 31st December 2021. When you have any debt with Provident at this point It'll be penned off entirely and you won't be necessary to repay it.
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To acquire a refund your loan needs to be observed for being "unaffordable" and many problems about Provident were being upheld due to a lack of proper affordability checks.
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Our journalists try for precision but once safety net credit alternative in a while we make mistakes. For even further specifics of our problems plan and to produce a criticism be sure to click this connection: thesun.co.British isles/editorial-issues/
Dispicable and innapropriate way to treat customers. Won't ever utilize them once more and would never endorse to any individual.â€