I already have a doorstep loan from a different company. Can I still get a loan from Provident?
Having a doorstep loan with another company doesn’t rule you out of borrowing with us at Provident.
We assess our customers on a case-by-case basis, and may still be able to lend providing you can afford our loan on top of your other financial commitments.
Provident Agents get to know our customers face to face in their own homes and assess what options are available based on an Affordability Assessment. So, after you’ve applied for a Provident loan, and have been accepted in principle, we’ll send a friendly Agent around to discuss why you need the loan and complete an Affordability Assessment.
That involves working out how much money you have coming in and how much is going out, including any credit cards or loans. If you can still manage to repay us and your other creditors at the same time, we’re happy to give you the money you need. Remember, loans are not a long term solution to debt problems.
We are regulated and authorised by the Financial Conduct Authority (FCA), a government body that looks out for consumers like yourself, and volunteer ourselves to follow the Code of Practice laid out by the Consumer Credit Association (CCA), so you can rely on us to be responsible with who we lend our money to and when.
Interest and repayments
The interest and total amount you repay are fixed at the start of your loan agreement. We don’t charge penalty fees, late fees or add extra payments so you know if your payments ever start to get a little off track, you don’t have to worry about being hit with extra costs.
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