Provident Financial

Provident Financial’s core business is lending small sums of credit to poorer sections of the UK population. The demerger of its international home credit business was completed in July 2007. It now trades independently as International Personal Finance. In addition, the firm has sold its motor insurance business, Provident Insurance, to a subsidiary of GMAC Insurance Holdings.

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Lender Provident Financial reported swelling losses today as costs ballooned for the wind-down of its doorstep lending unit.. Provident said

August 11, 2021
Doorstep lender Provident Financial has today revealed that it is being investigated by the Financial Conduct Authority (FCA) over its home credit business.

The City watchdog has hit out at Provident Financial over plans to cap compensation for customers of its failed doorstep

July 14, 2021
Royal Mail Sorting Office Reaches Peak Christmas Activity This Week

Royal Mail and ITV look to be strong contenders for promotion to the index of the UK’s 100 biggest public

May 19, 2021
Doorstep lender Provident Financial has today revealed that it is being investigated by the Financial Conduct Authority (FCA) over its home credit business.

Troubled sub-prime lender Provident Financial today confirmed plans to shutter its doorstep lending arm as it reported a hefty loss

May 10, 2021

Provident Financial today said it was undecided over whether to shut its doorstep lending business following media reports that the

May 4, 2021
moneybarn provident financial

The financial watchdog has fined car finance provider Moneybarn £2.77m for treating customers unfairly when they fell behind on loan

February 17, 2020
provident financial

Shares Provident Financial rose today after the subprime lender said its credit card business, Vanquis Bank, performed “modestly above expectations”

January 15, 2020

A major shareholder in Provident Financial has come out to publicly oppose rival doorstep lender Non-Standard Finance’s (NSF) hostile takeover

June 2, 2019

The competition watchdog has launched a merger inquiry into Non-Standard Finance’s (NSF) hostile takeover of rival sub-prime lender Provident. The

May 29, 2019

Norway’s largest pension fund has pledged to ban investments in alcohol and gambling stocks today as it ramps up efforts

May 28, 2019

M&G Investments has announced that it will reject a hostile takeover of Provident Financial by rival sub-prime lender Non-Standard Finance.

May 28, 2019

Sub prime lender Non-Standard Finance has dropped the number of acceptances needed to push forward with its £1.3bn hostile takeover

May 15, 2019

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