If you want to claim a refund on a Provident home loan, but you are worried about the time and effort involved, stop. Help is available and anyone looking for an easy way to take a Provident home loan refund will find there is plenty of assistance.
Who are Provident and can I claim a refund?
The Provident is a leading name when it comes to home loans across the United Kingdom. The company is known for undertaking home visits when assessing whether an applicant is suitable for a loan.
Can I claim against Provident directly for a home loan refund?
There is nothing stopping you from contacting Provident directly to raise an issue with your loan, and to claim a refund. If you are unsatisfied with the response you receive from Provident when raising a claim, you can take the matter to the FCA or FOS.
However, you might find it is best to call on the services of a company who has a proven track record in helping borrowers make a complaint against Provident. Anyone looking to raise a complaint in an effortless and easy manner will find that specialist help speeds up the process and helps to make a more robust claim.
What grounds would I have for a complaint against Provident?
If you plan on raising a complaint against Provident, it is best to make your claim as robust as possible. While Provident has a sterling reputation in the area of loans, this isn’t to say they provide a flawless service. Numerous clients have found cause to complain about the service they have received when arranging a loan.
If any of the following issues have affected you, you should speak with a specialist to determine if you have cause for complaint against Provident.
When you arranged your loan, were all the charges associated with the loan clearly explained to you? A borrower should understand what fees they need to pay when arranging a loan, and which arise during the lifetime of the loan. If you believe these the charges were not fully detailed to you, you should consider raising a complaint against Provident.
If paying your monthly bill in repaying your loan left you unable to pay off other bills, you have an argument for claiming a refund. Lenders should take care that loan arrangements don’t lead to a borrower overextending themselves. If you find yourself unable to pay off bills, the lender might not have assessed your affordability correctly. For many borrowers, this has been the basis for successfully claiming a refund.
Another reason which has led to borrowers claiming refunds with the reclaimexperts.co.uk is automated payments being taken from their account unexpectedly. The lender is duty bound to detail when payments will be taken. Any borrower who has found themselves unable to pay their monthly bill, or any other, because they were unaware of when payment would be collected, has grounds for a refund.
When making your loan application, were you encouraged to take out a larger loan? Some borrowers were encouraged to arrange a loan that was greater than their needs, placing them into financial strife. This is a cause for claiming a refund.
If any, or all, of these issues have affected you, it is time to claim for a refund from your Provident home loan.
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