Provident Personal Credit

106 reviews

535.3% Representative

Will lend between: £100 - £1,000

Over: 13 - 52 Weeks

Representative example: £260 loan over 26 weeks. 26 payments of £15.60 per week. Rate of interest 112% p.a. fixed. Representative 535.3% APR. Total amount payable £405.60.

Contact Provident Personal Credit

The quickest way to find the best loan.

Compare UK direct lenders that have accepted you.

  • Fill in one quick and simple form.
  • Loans for all purposes.
  • Bad credit history accepted.
Get accepted

Representative 49.9% APR.

Provident Personal Credit customer reviews.

106 reviews

2.0 out of 5 stars

Our review of Provident Personal Credit

Provident are a doorstep lender that have been operating for over 135 years and have a number of other loan brands within their umbrella company. They make it very clear on their website that their business is all about people and pride themselves on their face-to-face business style. Their offering is similar to other doorstep lenders in the market - the online application followed by the home visit and then smaller weekly repayments made in cash to the agent, however they are towards the more expensive end of the table in terms of their representative APR.

One thing that Provident do for their customers is to offer them the option to pay by card over the phone if they are unable to meet their agent on their repayment date. This prevents customers from falling into arrears, but is not a long term solution and if you are unable to make your face-to-face payments then you will need to speak to Provident about the change in your circumstances. If you do have enough funds to cover the outstanding balance of the loan then Provident allow early settlement, you will need to speak to your agent to get the process going.

Provident have achieved a 4.8 out of 5 on feefo.com and that is from almost 2500 reviews. The online reviews are really positive, especially about the friendly service, easy application and the low repayments. Provident have replied to the majority of their customers to thank them for their reviews, or if there is an issue, to resolve it.

Overall verdict: Provident have been around for a long time and their experience shows. Their offering isn’t dissimilar to other doorstep lenders, but their reputation makes them one of the bigger names in the market and their online reviews are glowing. One thing to bear in mind though is whether you can afford repayments weekly, otherwise you could end up damaging your credit history.

Compare the price of home collected and other cash loans available in your area at www.lenderscompared.org.uk.

Written by: Alex

Highlights

  • Can lend to customers with poor credit history
  • Applicants can have CCJs
  • You don’t have to have a bank account
  • No upfront fee
  • Pay by card if you miss your agent

Minimum criteria

  • You must be aged between 30 and 74
  • You need to be a UK resident
  • Loan amounts up to £500

Fees

  • Maximum APR 1068.5%
  • Arrangement fee: £0
  • Early repayment fee: £0
  • Late payment fee: £0

Provident Personal Credit Customer Question & Answers

Have a question for Provident Personal Credit?
Ask the first question

About Provident Personal Credit

Provident are a doorstep lender that can offer unsecured loans between £100 and £500. Their loans are available over terms between 13 and 52 weeks and repayments are made weekly. Their representative APR is 535.3%, however the rate offered may be different due to the personal and financial information collected during the application process.

Following the online application, a Provident agent will visit your home to go over the details of your loan, such as your repayment days and amounts, as well as your interest rate. Once everything is finalised the agent will return to your home with the loan in cash, and will thereafter collect your weekly repayments from you on a day and time convenient to you.

During the application process you will need to give Provident information such as your National Insurance number, address details for the past three years, your telephone number and your email address. You will also need to agree to a credit check which will leave a footprint on your file. Provident accept customers with poor credit history and that have been turned down for credit in the past. They also accept applicants who have had CCJs in the past.

Compare the price of home collected and other cash loans available in your area at www.lenderscompared.org.uk.

Company information

Registration number: 146091

www.satsumaloans.co.uk

0800 694 0004

1, Godwin Street, Bradford, West Yorkshire, BD1 2SU, United Kingdom

FCA registration

Reference No: 002529

Trading names: Advance Cash, Advance Loans, Provident Direct, Provident Personal Credit, Provident, Satsuma Loans

Place of business: 1, Godwin Street, Bradford, West Yorkshire, BD1 2SU, United Kingdom

Data protection registration

Registration No: Z5227544

Data controller: Provident Personal Credit Limited

Address: 1, Godwin Street, Bradford, West Yorkshire, BD1 2SU, United Kingdom

Apply Now
Warning: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk