Provident Selling Loans In Woolworths

callansdad

Whilst visiting a woolworths store yesterday i was shocked to find a stall and a salesman selling Provident Personal Credit Loans and Vouchers.

I am amazed that a store such as woolies would associate with them .... i have emailed woolies and am awaiting a reply.

hollydays

Typical Provident loan-182.3% APR
Their vouchers can be spent in Woolies.

System

woolies are the same as most retailers as long as provident pay a fee to "rent" the space they dont care what they are pedalling !

C32AMG

callansdad wrote: »

Whilst visiting a woolworths store yesterday i was shocked to find a stall and a salesman selling Provident Personal Credit Loans and Vouchers.

I am amazed that a store such as woolies would associate with them .... i have emailed woolies and am awaiting a reply.

Why not, Woolies peddle cheap rubbish to the masses and Provident will be there to provide the finance for it!

codger

Er, it's called 'customer profiling'.

Woollies long, long, long ago (maybe even before there was such a thing as socio-economics) appealed to families pretty much of all financial backgrounds.

That its customer base is nowadays regarded by outfits like Provident as being at the bottom of the prosperity pile isn't so much a condemnation of Provident's opinion as of Woolworth's for being so crass as to go along with the idea.

By letting Provident rent space in its stores, Woolworth's is now showing in public what it really thinks of its customers in private.

TBeckett100

chav shop, chav loans

codger

TBeckett100 wrote: »

chav shop, chav loans

Guess neither of 'em will be coming to you for future help with corporate branding. . .

callansdad

TBeckett100 wrote: »

chav shop, chav loans

not bad .....:rotfl::rotfl::rotfl:

are you calling me a chav?

carolwat

For one Provident do not 'rent' the space in Woolworths or any other shop for that matter.

Agents or canvassers will spend time at a Woolworths or Argos or anywhere that accepts Provident vouchers to try to find customers. Woolworths want Provident to find customers in its store then those customers may just spend a bit more money in their store.

Quote"By letting Provident rent space in its stores, Woolworth's is now showing in public what it really thinks of its customers in private."

Does the same go for House of Fraser, BHS, B&Q, Homebase and many many more stores? There are a lot of places that accept Provident vouchers and these companies have to be able to promise Provident a certain amount of spenditure in order to be able to accept the vouchers.

OP will you also be emailing the above mentioned stores too to tell them how terrible it is that they are cavorting with the enemy?

hollydays

Oh come off it-provident exploits the very people who least need to get into debt.They go knocking from door to door in areas where there is known to be high unemployment.They have a captive audience in people who dont know about credit unions and dont understand the exorbitant interest rates they are charging.

codger

carolwat wrote: »

Quote"By letting Provident rent space in its stores, Woolworth's is now showing in public what it really thinks of its customers in private."

Does the same go for House of Fraser, BHS, B&Q, Homebase and many many more stores? There are a lot of places that accept Provident vouchers and these companies have to be able to promise Provident a certain amount of spenditure in order to be able to accept the vouchers.

OP will you also be emailing the above mentioned stores too to tell them how terrible it is that they are cavorting with the enemy?

Actually, it wasn't the OP who made the flip remark about Woolworth's opinion of its customers. 'Twas me.

And though a twice-a-month shopper at House of Fraser, occasional at BHS, and as-and-when at B&Q and Homebase, I have never, ever, encountered the not-so providential presence of a sales rep for a finance outfit whose target audience is the most vulnerable .

And yes: I'd certainly make my objection known to the management of my local HoF. . .