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Provident Financial secrets revealed

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  • jennihen
    jennihen Posts: 6,500 Forumite
    evg wrote: »
    Thank you for your response. I have no problem with that, but how will I earn if I got 20 clients and service them regularly? What percentage of the money and how much per month for each new customer?
    :rotfl::rotfl::rotfl:
    Loads!!
    One life.
  • ~Brock~
    ~Brock~ Posts: 1,715 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    evg wrote: »
    Thank you for your response. I have no problem with that, but how will I earn if I got 20 clients and service them regularly? What percentage of the money and how much per month for each new customer?

    If you are thinking of working for them then are these not perfectly legitimate questions that you should be asking of them directly?
  • he6rt6gr6m
    he6rt6gr6m Posts: 163 Forumite
    Part of the Furniture Combo Breaker
    Ooo. Didnt see this before posting my experience.

    http://forums.moneysavingexpert.com/showthread.html?t=2310963
  • Jamesf81
    Jamesf81 Posts: 125 Forumite
    Companies such as Provi are designed for short term loans to help people out when they really need it and banks wont.

    You are told exactly what your payments will be, how long and APR before you sign so there are no hidden extras.

    It is your opportunity then to decline if you do not agree.

    Keeping up with regular payment reflects good on your credit file and can help build credit.

    Basically instead of going off and one whinging bout them if you cant afford a loan with them dont get one.
  • clare1076
    clare1076 Posts: 113 Forumite
    my husband is an agent for greenwoods (a sister co of provident) and i can assure you that in no way does he pressurise anyone into taking a loan. he often has customers calling him for a loan and on numerous occasions he has turned them down because he knows they wouldn't be able to afford the repayments.

    there may be some bad agents out there but do not tar them all with the same brush.

    he works very hard he has two areas to cover and has built up a very good customer base. his customers read the terms of the agreements and are happy to sign, they know exactly what there signing for. yes the apr's are high but some people have no other option and these loans are a good solution for them.
  • immoral_angeluk
    immoral_angeluk Posts: 24,506 Forumite
    10,000 Posts Combo Breaker
    If CK Edrupt don't exist then how do I deal with them at work on non provident debt matters?
    Oh my god..... the people I talk and write to are imaginary????

    Ok... who's been putting stuff in my coffee again..
    Total 'Failed Business' Debt £29,043
    Que sera, sera. <3
  • adea
    adea Posts: 448 Forumite
    Part of the Furniture 100 Posts Name Dropper I've been Money Tipped!
    evg wrote: »
    Thank you for your response. I have no problem with that, but how will I earn if I got 20 clients and service them regularly? What percentage of the money and how much per month for each new customer?

    As I mentioned in my earlier post, your earnings vary dependng on how much you collect.
    Agents have no minimum wage level that is topped up by commission.
    Regarding new customers, I don't think you get any extra money unless it's done during a promotion.
  • evg_3
    evg_3 Posts: 3 Newbie
    If I were I got 20 loans customers £ 400 a week to recover from weekly £ 20.00 per month and will collect £ 2000, what will be my commission in this case? And how will I get if 10 of my 20 clients miss 2 installments, and I gather instead of £ 2000 - £ 1600?:T
  • adea
    adea Posts: 448 Forumite
    Part of the Furniture 100 Posts Name Dropper I've been Money Tipped!
    evg wrote: »
    If I were I got 20 loans customers £ 400 a week to recover from weekly £ 20.00 per month and will collect £ 2000, what will be my commission in this case? And how will I get if 10 of my 20 clients miss 2 installments, and I gather instead of £ 2000 - £ 1600?:T


    The only way you'll know that is if you get a job as an agent and get your wage slip. The credit control department deal with wages so only someone who works in that department would be able to tell you.
    You can hypothesise as much as you like but unless a credit control person from provident posts on here, or you get a job with the scenarios you mention, you will not be able to work out your earnings.
  • jamespir
    jamespir Posts: 21,456 Forumite
    seems like total rubbish to me im not keen on provident

    but i think welcome finance are worse
    Replies to posts are always welcome, If I have made a mistake in the post, I am human, tell me nicely and it will be corrected. If your reply cannot be nice, has an underlying issue, or you believe that you are God, please post in another forum. Thank you
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