Hi everyone,

We will be changing the APR and loan example of Provident Personal Credit loans from Wednesday 2nd September. The typical APR will increase from 254.5% to 272.2%.

We will be amending our creative (banner and e-mail) in line with the price update, which will be available for you to use from Wednesday 2nd September onwards. All you need to do is change your website copy not provided by us where the loan example or APR details are being displayed.

Below is an example of how the price change needs to be updated on your creative –

Old Price -254.5%
Loan Amount of £300
Weekly repayment of £10.50 over 50 weeks
Total repayable £525
Typical 254.5% APR

New Price – 272.2%
Loan Amount of £300
Weekly repayment of £10.50 over 52 weeks
Total repayable £546
Typical 272.2% APR

Please remember – where ever trigger statement(s) are included within website copy the APR must be displayed, along with the Lenders Compared Statement. Please refer to the programme terms and conditions for full details.

Provident provide loans between £50 and £500, often to people with poor credit histories. With a tiered commission structure in place, you can earn between £4 and £10 with an additional £15 if a lead converts into a loan.

We hope you agree that right now is fantastic time to promote the Provident programme. If you have any questions or would like to discuss details of the programme or this price change further, please feel free to e-mail us at – provident@lbi.com.

Many thanks,

The Provident Personal Credit Affiliate Team @ LBi