Wednesday, Sep 13, 2006

Would you credit it?

Firstrung: Doorstep lender Provident sees profits fall and bad debts rise

Doorstep lender Provident Financial, notorious for launching their Vanquish credit card with up to 65% apr, has reported lower interim profits and a sharp rise in bad debts in the first half of 2006, despite seeing UK customer numbers grow for the first time in three years.

Posted by converted lurker @ 12:11 PM (1566 views)
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