PROVIDENT BUDGET LOANS REVIEW
Provident Personal Credit does business in the UK market and belongs to the Consumer Credit Association.
They have an APR of 1068.5%. Instead of a 30-day loan period which is prevalent in the industry, Provident budget loans are taken out for a period of 14 weeks and they are repaid by weekly installments as opposed to a bulk sum. If you borrow £100, you will pay bank £10 over 14 weeks, which adds up to £40 in interest charges. This is great for those who have a stringent budget and cannot afford to repay the loan within one month and in one installment.
Provident Personal Credit supplies budget loans which start at £50 and go up to £300. This is quite a modest range when compared to most other payday loan providers.
They have a completely secure online application form.
They do not offer same day transfers. Instead, the money is delivered to your doorstep within a couple of days by one of their agents.
Provident budget loans involve no credit checks.
They do not ask you to fax in any paperwork.
They are quite flexible when it comes to the eligibility criteria as they also lend to the unemployed and those with poor credit history. Needless to say that all customers must be over 18 years and UK residents.
Repayments are done by meeting their agent and giving them the weekly installment in cash.
