A legal procedure called a scheme of arrangement (the “Scheme”) will be proposed for the true purpose of evaluating and spending payment claims against Provident Personal Credit Limited (“PPC”) (which traded beneath the brands Provident, Glo and Satsuma) and Greenwood Personal Credit Limited (“Greenwood”) for unaffordable financing. The Scheme would protect clients to whom loans had been provided by Provident, Glo, Satsuma or Greenwood, or and also require assured financing from Glo, between 6 April 2007 and 17 December 2020.
In the event that 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. It is necessary that clients just take the necessary action should they think they might have claim as neglecting to do this may end up in clients maybe not getting payment.
Stop to lending
Throughout the years, we’ve been proud to greatly help individuals who require that loan and can’t have one somewhere else. But, the tough financial status has triggered us making the hard choice to quit 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 get down more read our FAQs. That you might find helpful if you have money worries, we’ve also included some handy links below.
As a substitute, for information on other home gathered and money loans in your town, it is possible to see lenderscompared
In the event that you’ve recently sent applications for that loan or have that loan in progress
- In the event that you’ve already finalized your loan contract, you’ll nevertheless ensure you get your loan
- In the event that you’ve maybe not yet finalized your loan contract, unfortuitously we won’t have the ability to complete the application
Your Rep gets in touch to talk you through what this implies for you personally. They’ll also have the ability to answer any relevant concerns it’s likely you have. You may also read our FAQs .
Current loans
We’re dedicated to taking care of current customers and their loans. We’re still right here to simply help.
With us, it’s important that you continue to repay your current loan(s) if you’ve already got a loan. Checking up on your repayments may have an impact that is positive your credit rating. We comprehend it’s a time that is difficult to , so confer with your Rep in the event that you can’t produce a repayment. There are methods they could assist you to.
Check out our produce a payment page to discover more on the ways that are different will pay.
You’ll find out more by reading our FAQs or by talking to your Rep.
Looking for a loan?
We now have stopped lending that is new there might be other available choices for you personally;
- Credit Unions are community savings and loans providers. They are able to provide loans that are affordable individuals of their geographic area. Credit Unions in many cases are in a position to provide to individuals whoever circumstances might suggest they find it difficult to get financing off their loan providers. They frequently have actually branches in addition to phone and online help. You will find a huge selection of Credit Unions across great britain. To get one in your neighborhood and also to see if you should be entitled to join see
- Community Development Finance Institutions (or CDFIs) are community loan providers that provide affordable and versatile loans alongside free use of advice. You can find a dozen CDFIs in the united states. You are able to submit an application for that loan from the CDFI either on line or higher the phone and you will find branch services for sale in some areas. Seek out a CDFI by going to. https://paydayloanexpert.net/payday-loans-ak/ Please be aware that search results come in alphabetical purchase.
Credit Unions and CDFIs offer loans at also certain times such as for instance Christmas time, for college uniforms as well as other one off costs.
Cash concerns
If you’re struggling with money there was support and help accessible to you. We’ve popped some links below which you might find helpful. It is possible to read our FAQs .