Provident Loans Review

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2.4 stars
Average rating for this product is: 2.4 out of 5

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tray030382's Review of Provident Loans

Overall Rating

2.5 stars
  • Value for money
    2.5 stars
  • Speed of Application
    4.5 stars
  • Loan Rate
    very high interest rates
  • Customer Service
    2.5 stars
Good Points

No late payment fees.


General Comments

I applied over the internet for a £200 cash loan. I was called within the day and an agent arranged to call with the paperwork the next day. He never explained the interest rates and expected me to sign without first telling me the weekly repayments! I had the impression that he expected me to know these already. however, he did turn up the next day with £150 cash (not the £200 I had been expecting) and has always been friendly and polite when collecting payments. As a single parent with bad credit, I was just grateful to find this company.

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Members' Comments ontray030382's Review

  • mcelweewin on 5th Mar 2009

    I found this review helpful because...it was an honest opinion

NameCredit RatingAPRTypical APRMin Loan AmountMax Loan AmountHome Owner  
Alliance & LeicesterGood8.00%8.00%£7,500.00£14,950.00No
Sainsbury's LoansGood8.00%8.00%£7,500.00£15,000.00No
Nationwide LoansBad7.90%7.90%£7,500.00£14,999.00No