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MABS Concerned Money Lender's Withdrawl From Ireland Could Impact Borrowers.

Stock image: Pexels

Provident ceased issuing loans on May 10th.

Sub-prime lender Provident is pulling out of the Irish market.

The money-lender will no longer be issuing any loans and is closing down its Irish operations.

It's one of the biggest in the country, but it recorded losses of €78 million last year.

Michelle O'Hara is Regional Manager at the Money Advice and Budgeting Service.

She joined Clem Ryan on this morning's edition of Kildare Today.

 

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