Home>>Business>>Provident Financial withdraws from doorstep lending after 140 years
Business

Provident Financial withdraws from doorstep lending after 140 years

Debt adviser Sara Williams, who runs the Debt Camel blog, said: “In August 2020 the Financial Conduct Authority said prolonged relending can be harmful to borrowers. And the Financial Ombudsman has been upholding 75% of affordability complaints against Provident – I estimate the average refund is about £5,000 and many are over £10,000.

donate

Please disable Adblock!

Leave a Reply

Your email address will not be published. Required fields are marked *

%d bloggers like this: