borrowing money from door to door collectors

clutton_2

can you give us a precis please ?

Cumbrian_Male

homersimpson wrote:

Just of out of curosity if say you borrowed £100 and took it over 23 weeks, week 1 paid £6.40, would Provident (or whatever co) allow you to pay off the balance next week (assuming you could afford to). How flexible is it? Or you tied in?

Yes you could settle the account on week two and would receive a rebate as well with both Provident and Greenwood (sister companies)

As an aside I have in the past allowed a customer to cancel an agreement and repay the capital after the expiry period has elapsed. Much easier to do than have an unhappy and uncooperative customer to try to collect off.