Provident Financial enjoys profits boost but is attacked by Barnardo’s (Guardian Unlimited)

• Doorstep lender charges up to 545% APR on loans • Barnardo’s calls for investigation of lenders to the poor Doorstep lender Provident Financial today reported a rise in profits as the credit crunch continues to squeeze household budgets – but was attacked by children’s charity Barnardo’s for charging “extortionate” interest rates. The company, known as “the Provvy” to many, agreed some of its …

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