Cobra Payday Loans Blog

Provident enters into a scheme of arrangement
August 20, 2021

Doorstep Lender Provident Enters Scheme of Arrangement

Payday and doorstep lenders have been with us for years. Unfortunately, some of them were lending at very high interest rates, with unpleasant practices such as aggressive debt collection, poor affordability checks, and overcharging fees. On 1st April 2014, the Financial Conduct Authority became the regulator for these companies and began cracking down on unfair […]