Thinking Of a Loan?

FAQs

Provident loans are different because our Agents call at your home to collect your repayments. 

Click here to find out more about what an Agent is.

Provident Agents are at the heart of our business, offering a face to face service to our customers. Your Agent will visit you in your home to discuss your loan and repayments and will then deliver your loan to you at a time that's convenient. Your agent will also arrange a convenient day to call and collect loan repayments. 

 

Click here to find out more about Provident Agents

If you’re interested in becoming an Agent, click here

You could borrow between €100 and €600 subject to affordability, depending upon your personal circumstances and the weekly loan repayment that's affordable for you. When you take a cash loan from us, you know upfront exactly how much you will have to pay each week. That means you can borrow money knowing there will never be any unexpected extras.

 

Use our loan calculator now to see how much your weekly payments would be.

To start your application online for a Provident loan you will need:

  • Personal information including your name and date of birth
  • Your address details for the past 3 years.

If your initial application is accepted in principle, an Agent will visit you in your home to assess your income and outgoings. Proof of ID and proof of address must be presented during the Agent visit, in order to complete the process.

Click here to find out what kinds of ID are accepted.

Accepted in principle is a stepping stone to full approval of your loan. To apply for a Provident loan, you first need to complete a form online or over the phone. At this stage of the application we carry out checks to see if we hold any previous lending data about you. This check helps us to decide whether we are able to lend to you.

If everything is OK with the check we will accept your application in principle which means we are happy to lend to you as long as the assessment of your income and outgoings shows you can afford the loan repayments and you have suitable proof of ID and proof of address.

No. You do not need a bank account for a Home Collected loan as the loan is delivered to you in cash and the Agent will come round every week to collect repayments which can be paid in cash.

Yes we will still consider you. However, your Agent will need to be satisfied that the income you declare is accurate  and repayments are affordable for the term of the loan. If possible, it will help if you can provide your Agent with documentary evidence which shows your income.

When you apply for a loan with us, you’re given an immediate decision in principle. If successful, an Agent will visit you at home at a time to suit you to discuss your loan application and assess your income and outgoings.

You should be contacted within 48 hours of your initial application to arrange this visit. If your loan has been approved your agent will call back to your home to drop off your loan in cash. If you’ve already applied and need to speak to someone please give us a call on 1800 553 083.

When you apply for a loan online, your application is accepted in principle or declined. If accepted in principle, the next stage of your application is the Agent visit, where the Agent will discuss your loan application further.

During the face to face meeting, the Agent will assess your income and outgoings. This enables us to check whether you can afford to repay the amount you’ve asked to borrow.

If the assessment shows that you can’t afford to repay the amount you’ve applied for, you may be offered a lower loan amount providing this is suitable for the purpose of the loan. We do this as we consider your personal circumstances, and only lend amounts we know you can afford to repay.

The Annual Percentage Rate (APR) on your loan will depend on how much you want to borrow and how many weeks you choose to repay it over. Use our loan calculator to find out how much your loan would cost. You can find out more about APRs in our Money Guide.

We believe in a straightforward approach to loans. Our small, unsecured loans have fixed weekly repayments with no hidden fees or late payment charges. If you miss a payment with us, we don't increase the cost of your loan, there are no hidden charges.

Just get in touch with your Agent to chat through your options. They’ll explain what happens if you pay your loan off early.

Yes it is. We’ll only discuss details of your loan with you and not with other family members or friends without your consent.

At Provident, we understand life doesn’t always happen as we planned. If your circumstances change and you need to discuss your loan, you should contact your Agent as soon as possible. Your Agent will then be able to work with you to decide the best repayment options for you. If you're worried about repayment options, click here.

WARNING: THIS IS A HIGH-COST LOAN


Representative example: €460 loan over 26 weeks. 26 payments of  €23.00 per week . Rate of interest 60.0% p.a. fixed. Representative 187.2% APR. Total amount payable €598.00.

Provident

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