Income and outgoings assessment


The assessment is designed to check that you can afford to borrow the amount you have requested in your application and to ensure the loan is suitable, affordable and sustainable for you. This could be carried out over the phone or in your home by your Agent every time you apply for a Provident loan.

As a responsible lender, we need to ensure that our loans are affordable for each customer. The assessment will check that customers can afford to repay their loan over the period it’s borrowed.

In order to assess your income and outgoings you must provide the Agent with proof of your source of income such as:

  • Payslip; in some cases 3 consecutive payslips may be required
  • Evidence of welfare payments

View the full list of accepted documentation here.

Warning: This is high-cost credit.

Provident is the provider of high-cost credit.
Consider alternative options before applying for this credit, including alternatives from other lenders regulated by the Central Bank of Ireland.
For example:
✓ Shop around in order to know whether you can obtain credit on terms better suited to you.
✓ If you are struggling to manage your finances, talk to your creditors to agree a payment plan and ask the Money Advice and Budgeting Service for help. You can find more information on the MABS website at
✓ If you are in receipt of social welfare payments, you may qualify for additional financial support which may address your immediate financial needs. Contact your local citizens information office for more information.

Our moneylending agreements range from having an APR of 157.3% with a cost of credit of €56 per €100 borrowed, to an APR of 187.2% with a cost of credit of €30 per €100 borrowed.

Licensed moneylenders must assess your creditworthiness in accordance with regulatory requirements. Before providing credit, we will seek such information from you.

Representative example: €450 loan over 26 weeks. 26 payments of €22.50 per week. Rate of interest 60.0% p.a. fixed. Representative 187.2% APR. Total amount payable €585.00.