our personal loans solution process known as a scheme of setup will be suggested for

our personal loans solution process known as a scheme of setup will be suggested for

Offer for any payment of settlement promises via a system of plan

A process that is legal a scheme of setup (the “Scheme”) is suggested for the purpose of examining and paying compensation assertions against Provident personalized debt short (“PPC”) (which exchanged within the brand names Provident, Glo and Satsuma) and Greenwood personalized debt short (“Greenwood”) for unmanageable lending. The strategy would protect consumers to who loans were given by Provident, Glo, Satsuma or Greenwood, or and also require guaranteed financing from Glo, between 6 2007 and 17 December 2020 april.

Should 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.

ESSENTIAL: The way that is best for you to make a receive happens to be right with Provident via the Claims Portal which is often seen via this back link . Coming up with a case using a third party, like a phrases Management Company (‘CMC’), could potentially bear extra costs and happen in you not receiving the total quantity settlement you’re due. We certainly have produced the process really hassle free, and you will probably won’t need to have all of your mortgage facts if you wish to directly make a claim with Provident. If you happen to want help in doing the promise form the contact heart staff will be happy to assist. They come on 0800 056 8936.

Stop to lending

Across the many years, we’ve been pleased to help people who happen to need loans and can’t buy one somewhere else. But, the rough situation that is economic lead to all of us putting some tough decision to stop financing.

As of tenth May, you won’t concern any new lending products. This includes unique financial products to existing customers. To acquire down more browse all of our FAQs. Should you have money problems, we’ve likewise included some useful website links below that you might come across practical.


As an alternative, for specifics of other house accumulated and cash loans in your area, you can check www.lenderscompared.org.uk

Searching for a mortgage?

We’ve got ended lending that is new there may be other options for you;

  1. Credit Unions happen to be neighborhood savings and financing suppliers. They are able to present loans that are affordable people inside of their community. Debt Unions are often able to lend to the people whose instances might indicate they struggle to get yourself a financing off their financial institutions. They frequently have got offices and additionally phone and support that is online. You will find hundreds of loan Unions across the UK. To find one in areas near you as well as to determine if you’re entitled to sign up with visit https://www.findyourcreditunion.co.uk/
  2. Group growth Finance Institutions (or CDFIs) are community loan providers that include inexpensive and flexible debts alongside no-cost access to assistance. There is a dozen CDFIs across the country. You are able to apply for a finance from the CDFI either on line or higher the phone and then there tend to be branch services to be found in some aspects. Visit a CDFI by visiting https://www.findingfinance.org.uk/. Please note that search results come in alphabetical order.

Credit Unions and CDFIs in addition provide loans at certain times such as for example Christmas time, for class uniforms as well as some other one off expenses.

In the event you’ve recently obtained a mortgage or employ a debt in development

  • If you’ve already signed the loan arrangement, you’ll nevertheless get your funding
  • If you’ve not even closed the loan settlement, unfortuitously we won’t have the ability to complete the application

Your very own representative are certain to get contact to chat one through what this signifies for yourself. They’ll also have the option to address any inquiries you may have. You can even study all of our FAQs .

Current lending products

We’re focused on taking care of active clients in addition to their lending products. We’re nevertheless below to greatly help.

With us, it’s important that you continue to repay your current loan(s) if you’ve already got a loan. Maintaining your instalments may have an impact that is positive your credit rating. All of us comprehend it’s a time that is difficult to Covid-19, thus confer with your Rep should you can’t create a payment. There are methods they’re able to guide you to.

Pay a visit to the develop a repayment web page to find out about the ways that are different will pay.