Greenwoods Personal Credit

Advantages: none
Disadvantages: far to many to name!

...next week i saw him STILL doing "Doorstep" collecting for Greenwoods and to my total Horror i received a letter from debt collectors DEMANDING the remaining money! So I would Very STRONGLY advise ANYONE NOT to ever get a loan from this down market loan shark company........... ... Read review

Advantages: Friendly agents, quick and easy money, conveniency
Disadvantages: High interest

Greenwoods Personal Credit is the sister company of Provident. With Greenwoods you basically borrow money and then pay it back at a fixed repayment either weekly, fortnightly or monthly. This fixed amount that you agree will never go up. These repayments are collected by an agent who, in most cases, is friendly and helpful. The agent will soon become a friend of the family. With Greenwoods, you can either have a cash loan, high-street vouchers or ...
...do get a loan off Greenwoods and find that you can’t make a payment one week/fortnight/month, then just let your agent know. They won’t be annoyed at you, will be very understanding and in fact will be pleased that you have informed them of any difficulties. If you are in need of money, and your 100% certain that you can afford to pay the interest, then I would suggest applying for a loan with Greenwoods Personal Credit. If you do want to able for ... Read review

Advantages: Price quoted before u sign is all you will pay. For unemployed and CCJ
Disadvantages: High interest

...had experience of only one Greenwoods agent and she is LOVELY. Very reasonable and fair. No unkindness or being judgemental at all. She is on the customers side. All that she asks is that you are honest with her, no hiding behind curtains if you can't pay. "We all have weeks like that" is what she cheerfully says. "See you next week then". No threats or barging into houses. The interest rates are high, but that is ALL you pay, even if you miss weeks. ...
...for example the e.g for Greenwoods is over 32 week repayment. However the 55 week repayment is only 220% APR whereas the provident and shopacheck repayments were quoted over 55 and 52 weeks respectively. Unfair I think to portray them in this way giving a totally false impression of a really fair company which has helped me immensely. If you can't get money from banks or reputable loan companies either because you are unemployed or have bad credit ... Read review

Advantages: Short term fast pay loans
Disadvantages: high intrest

Greenwoods financial services as far as I aware are part of the Provident group. I must admit I haven't needed them for a while, but when most turned there back on me Greenwoods were very helpfull. You can request loans from £50.00 to £500.00 which is ideal if you need some quick cash on a short term basis. They normally operate a weekley collection service, where you will be assigned a local collector for your area. These people unlke the old ...
...An average loan is normally based over a 32 week repayment period. For example a current loan of £500.00 @ 32 weeks repayment of £25.00 per week = total £800.00 repayment. That in Apr terms is equal to 399.7% interest. Phew, be sure you are happy in this repayment scale before accepting the loan. I did hit a snag in finances during my repayments, Dont ignore them if this happens, inform them straight away and be honest about your circumstances, ... Read review

Advantages: none
Disadvantages: very expensive there are cheaper options

...the review by John Hindle, Greenwoods charges some of the highest interest rates about. Before I took out a cash loan I did some research into interest charges and I hope some one will find this info helpful Based on a £500 cash loan Greenwoods was the highest £500 loan interest is £300 making the total repayable £800 at £25 per week with an APR of 399.7% Next was Shop-a-Check a £500 loan interest is £384 making the total repayable £884 at £17 ...
...Provident (who owns Greenwoods by the way) a £500 loan interest is £325 making the total repayable £825 at £15 per week with an APR of 177.1% One of the lowest but still quite expensive was Universal cash loans a £500 loan interest of £220 making the total repayable £720 with an APR of 128.2% The difference between the highest ,shop-a-check and the lowest Universal is an incredible £164, bearing in mind all these companies offer the same service ... Read review