The Provident Doorstep Loans Company

Lending Paused – COVID-19 has presented us all with many challenges that have increased in previous weeks and escalated further since Monday. The safeguarding of our customers and employees is utmost and as such Provident (Home Credit) has made the decision to stop all new business activity and our colleagues in the field will be unable to service any new applications until further notice. This is a temporary measure and we will provide updates as soon as we can.

Provident are a doorstep, or home credit, loan provider who, in their own words, “aim to lend a helping hand where some other lenders won’t”.

Provident has been providing finance since 1880 and its parent company, Provident Financial plc, is one of the leading financial providers in the UK. They pride themselves on only offering loans to customers which are affordable and which have no hidden charges so you always know the total cost of the loan upfront.

Cash loans of between £100 and £1000 are available with different repayment options. They offer face to face contact through an assigned agent who will meet with you to discuss your application and then collect your weekly repayments. They will also be able to answer any questions you may have regarding the loan or the service at the time of your application and as the loan is repaid.

Provident specialise in offering loans to people who may have been refused credit in the past including those who:

All fees are included with the total loan amount so you will know from the outset exactly how much you will be required to repay.

In order to take out a loan with Provident you will need to provide:

  • Your personal details; full name, date of birth and your National Insurance Number
  • Proof of your address for the last three years
  • A telephone number and email address you can be contacted on
  • Permission for a credit check to be carried out

Once you have provided these details and your application has received initial approval you will be visited by an agent who will go through the affordability of the loan with you. This is usually within 48 hours of your application. If you are self-employed you will need to show evidence of your income so the agent can be sure you are able to fulfil the loan repayments.

Once your loan has been approved you will be given the money in cash and the agent will return each week to collect your cash repayment. It is at these meetings that you should inform your agent of any changes to your circumstances which mean you can either pay off the loan completely or may start to struggle with the repayments.