A process that is legal a structure of agreement (the “Scheme”) will be proposed for the true purpose of assessing and having to pay compensation boasts against Provident personalized debt brief (“PPC”) (which bought and sold beneath the brands Provident, Glo and Satsuma) and Greenwood Personal loan restricted (“Greenwood”) for unaffordable lending. The Scheme would protect clients to whom loans received by Provident, Glo, Satsuma or Greenwood, or who may have ensured a mortgage from Glo, between 6 April 2007 and 17 December 2020.
In the event you think you may have a claim if you received a loan from PPC, or guaranteed a loan from Glo, between 6 April 2007 and 17 December 2020, you can visit Provident Scheme of Arrangement website where you will be able to view more information about the Scheme and next steps.
SIGNIFICANT: The way that is best to make a case is directly with Provident via the states Portal which can be accessed via this link
Within the years, we’ve been recently happy to help individuals who want that loan and can’t acquire one somewhere else. However, the tough situation that is economic contributed to us making the difficult choice to cease loaning.
At the time of tenth might, all of us won’t concern any new loans. This includes brand-new lending products to active clients. Locate around more read our FAQs. For those who have cash problems, we’ve likewise included some handy backlinks below which you might locate valuable.
As an alternative, for information on some other home accumulated and loans in the neighborhood, you can visit www.lenderscompared.org.uk
There is stopped new financing but there could possibly be additional options for your family;
Credit Unions and CDFIs also provide personal loans at specific times such seasonal, for faculty uniforms as well as for other one away expenses.
The Rep can get contact to discuss you through what this means for everyone. They’ll also be able to respond to any queries you may have. You can even read our FAQs .
We’re dedicated to looking after present customers and their loans. We’re nevertheless here to aid.
With us, it’s important that you continue to repay your current loan(s) if you’ve already got a loan. Keeping up with your instalments have a difference on your credit score. Most of us comprehend it’s a time that is difficult to Covid-19, so speak to your Rep in the event you can’t create payment. There are methods they could allow you to.
Go to our produce a transaction web page to discover more about the different methods one will pay.