A legal procedure called a scheme of arrangement (the “Scheme”) will be proposed for the true purpose of evaluating and spending 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 financing. The Scheme would protect clients to who loans had been provided by Provident, Glo, Satsuma or Greenwood, or and also require fully guaranteed a loan from Glo, between 6 2007 and 17 December 2020 april.
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’s important that clients simply take the necessary action they may have a claim as failing to do so may result in customers https://www.title-max.com/title-loans-tn not receiving compensation if they believe.
On the years, we’ve been proud to simply help individuals who require that loan and can’t have one somewhere else. Nonetheless, the tough situation that is economic led to us making the hard choice to get rid of financing.
At the time of tenth might, we won’t issue any brand new loans. This can include new loans to customers that are existing. To get down more browse our FAQs. For those who have money concerns, we’ve additionally included some handy links below you could possibly find helpful.
As a substitute, for information on other house gathered and money loans in your area, you are able to see lenderscompared
Your Rep are certain to get in touch to talk you through what this implies for you personally. They’ll also be able to respond to any relevant concerns you may have. You can read our FAQs .
We’re dedicated to taking care of current clients and their loans. We’re nevertheless here to assist.
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 instalments may have a good impact on your credit rating. We comprehend it’s a hard time due to , so confer with your Rep in the event that you can’t create a payment. There are methods you can be helped by them.
Go to our produce a repayment web page to discover more on the various ways you will pay.
You’ll find out more by reading our FAQs or by talking to your Rep.
We now have stopped new lending but there might be other choices for you personally;
Credit Unions and CDFIs additionally provide loans at certain times such as for example xmas, for college uniforms as well as for other one off costs.
If you’re struggling with money 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 .