Provident seeks to save home credit business with bulk complaint settlement By Reuters
(Reuters) - Provident Financial (LON:PFG) on Monday outlined a 50 million pound plan to settle a surge in customer complaints and claims against its home credit business last year, warning the unit could collapse if the scheme is not approved. The company, which lends to people who do not meet the lending criteria of mainstream banks, said Britain's Financial Conduct...
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