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Daily Mirror
Daily Mirror
Business
Sam Barker

Provident confirms payouts for mis-sold loans will hit bank accounts from this week

Provident GLO Greenwood TFS FCA PFG

Provident customers who were mis-sold loans will start getting refunds from this week - but for just 4.25% of what borrowers are owed.

Provident Financial Group (PFG), which traded as Glo, Greenwood, Provident and Satsuma, supplied doorstep loans as well as guarantor and payday lending.

It charged interest as high as 1,557.7% APR to borrowers.

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