Wednesday, September 13, 2006

Would you credit it?

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 (1618 views)
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