Is Provident still trading?

Over the years, we’ve been proud to help people who needed a loan. However, the tough economic situation meant that Provident stopped lending earlier this year and now we’re closing altogether. There is nothing you need to do.

Are Greenwoods and Provident the same company?

Are Greenwoods and Provident the same company? Greenwood’s was founded in 1877 and bought by Provident in 1977 trading under the name of Greenwood Personal Credit offering doorstep loans. The Greenwood name has now been completely replaced by Provident.

Can you claim money back from Provident?

If you have a Provident loan when you shouldn’t have been approved, you might be able to get a refund on the full loan amount and the interest you paid. You can get a refund on the full amount, interest and charges as long as the loan is still active or if you repaid the loan in the last six years.

Is vanquis part of Provident?

Vanquis Bank, part of the Provident Financial Group (PFG), has today announced it’s expanding its product offering by introducing a range of new personal loans.

Is vanquis owned by Provident?

Vanquis Bank is a subsidiary of the Provident Financial Group. Established in 2007, it offers credit building credit cards under the Visa brand for UK residents with a limited or uneven credit history.

Do Provident do credit checks?

Yes, you can check if you have a bad credit rating before looking for a loan.

Has anyone had a payout from Provident?

Provident confirms payouts for borrowers – but they’ll get back less than 10% of what they’re owed. Provident borrowers who were mis-sold loans they couldn’t afford will receive refunds of some of the interest and fees they were charged this July, it’s been confirmed.

Does Provident take you to court?

The FCA, Provident’s regulator, said it did not approve of the Scheme. But as Provident has stopped providing doorstep loans, the FCA did not object to the Scheme in court. It started officially on 5 August 2021 after it was approved in court.