Settlement Agreement between the Central Bank of Ireland and Provident Personal Credit Limited (t/a Provident)Settlement Agreement • December 1st, 2014
Contract Type FiledDecember 1st, 2014The Central Bank of Ireland (the “Central Bank”) has fined a licensed moneylender, Provident Personal Credit Limited t/a Provident (the “Firm”) €105,000, and reprimanded it for breaches of legislation relating to certain moneylending practices. The Central Bank’s investigations found serious breaches with regulatory requirements aimed at protecting consumers. These findings have been accepted by the Firm as part of the settlement agreement between the Central Bank and the Firm.