Re: Money lender ?'s
hi,
All i know is that provident are 'guys' that come to collect the money from you in person everyweek? is this person living with u? they obviously have you postal address? they will ring and arrange wher to meet to get you the money. I remember years ago of you missed providents payments you had to pay back even at a higher rate (currently 150.+%).
I cant see if being affecting credit rating/loan etc. to me provident were loan sharks and only place to turn if you had bad credit in the first place!!
Not sure are they even regulated by anyone.
I dont think ringing provident is going to come to anything, as far as they are concerned all they want is thier money repaid! i would guess definitley if its a memeber of your family, not a fraud from a stranger.
It must be a terrible situation! i also know you cant pay them back in one go either! so u have to pay back th efull amt @ the 150% rate!!
My advice is to let the person who did this, let them know u know, and make sure that the contact detials the collector has are thiers and not yours!!
This is based on family experience not on my own personal experience tho!
Best of luck with it all!!