A legal procedure called a scheme of arrangement (the “Scheme”) has been proposed for the intended purpose of evaluating and having to pay settlement claims against Provident Personal Credit Limited (“PPC”) (which traded underneath the manufacturers Provident, Glo and Satsuma) and Greenwood Personal Credit Limited (“Greenwood”) for unaffordable lending. The Scheme would protect clients to who loans were written by Provident, Glo, Satsuma or Greenwood, or and also require guaranteed in full that loan from Glo, between 6 2007 and 17 December 2020 april.
In the event that you received that loan from PPC, or assured financing from Glo, between 6 April 2007 and 17 December 2020, you can travel to Provident Scheme of Arrangement site where you should be able to see more info in regards to the Scheme and then actions if you were to think you have a claim. It’s important that clients use the necessary action they may have a claim as failing to do so may result in customers not receiving compensation if they believe.
Stop to lending
Throughout the full years, we’ve been proud to help individuals who require that loan and can’t have one somewhere else. Nevertheless, the tough financial status has led to us making the hard decision to end financing.
At the time of tenth might, we won’t issue any new loans. This consists of brand new loans to customers that are existing. To locate down more browse our FAQs. When you have cash worries, we’ve additionally included some handy links below which you might find helpful.
As a substitute, for information on other house collected and money loans in your town, you’ll see lenderscompared
In the event that you’ve recently requested a loan or have that loan in progress
- In the event that you’ve currently finalized your loan contract, you’ll get your loan still
- In the event that you’ve perhaps not yet finalized your loan contract, unfortuitously we won’t have the ability to complete the application
Your Rep can get in contact to talk you through what this signifies for you personally. They’ll also have the ability to respond to any relevant questions it’s likely you have. You can even read our FAQs .
Current loans
We’re dedicated to taking care of current clients and their loans. We’re nevertheless right here to aid.
In the event that you’ve already got financing with us, it is essential that you continue steadily to repay your present loan(s). Checking up on your instalments could have an impact that is positive your credit rating. We comprehend it’s a hard time due to , so confer with read review your Rep in the event that you can’t create a repayment. There are methods you can be helped by them.
Check out our produce a repayment web page to discover more on the other ways you pays.
You will find out more by reading our FAQs or by talking to your Rep.
Are you searching for a loan?
We now have stopped lending that is new there might be other choices for you personally;
- Credit Unions are community cost savings and loans providers. They could provide loans that are affordable individuals inside their geographic area. Credit Unions in many cases are in a position to provide to people whoever circumstances might mean they battle to get financing off their loan providers. They often times have actually branches along with phone and online help. You can find a huge selection of Credit Unions across great britain. To locate one out of your neighborhood also to see if you should be entitled to join check out
- Community Development Finance Institutions (or CDFIs) are community loan providers that provide affordable and loans that are flexible free use of advice. You can find a dozen CDFIs in the united states. You can easily submit an application for a loan from the CDFI either on the web or higher the phone and you can find branch services for sale in some areas. Look for a CDFI by visiting. Please note that search engine results come in alphabetical purchase.
Credit Unions and CDFIs also provide loans at particular times such as for example xmas, for college uniforms as well as other one off costs.
Cash concerns
If you’re struggling with cash there clearly was support and help accessible to you. We’ve popped some links below which you may find helpful. You could read our FAQs .