Proposition for the payment of payment claims through a scheme of arrangement
A process that is legal a scheme of arrangement (the “Scheme”) is being proposed for the true purpose of assessing and paying compensation claims against Provident Personal Credit Limited (“PPC”) (which traded beneath the manufacturers Provident, Glo and Satsuma) and Greenw d Personal Credit Limited https://datingmentor.org/std-dating/ (“Greenw d”) for unaffordable lending. The Scheme would cover customers to who loans got by Provident, Glo, Satsuma or Greenw d, or who may have guaranteed in full a loan from Glo, between 6 2007 and 17 December 2020 april.
If you received a loan from PPC, or fully guaranteed that loan from Glo, between 6 April 2007 and 17 December 2020, you can visit Provident Scheme of Arrangement internet site where it will be possible to l k at additional information in regards to the Scheme and then actions if you think you may have a claim. It is necessary that clients simply take the mandatory action they may have a claim as failing to do so may result in customers not receiving compensation if they believe.
Stop to lending
Throughout the years, we’ve been proud to aid those who need a loan and can’t have one somewhere else. But, the tough situation that is economic led to us making the difficult decision to prevent lending.
As of 10th might, we won’t issue any new loans. This includes brand new loans to customers that are existing. To get out more browse our FAQs. That you might find helpful if you have money worries, we’ve also included some handy links below.