What is the procedure for making secured loans with Provident?
A. To make secured loans, a borrower must present or ship collateral to one of our offices. The collateral is appraised for its loan value and a secured loan offer is made. If acceptable, the borrower presents identification, signs a signature card acknowledging ownership of the collateral, and receives fast cash and a secured loan ticket. The whole procedure usually takes less than 15 or 20 minutes. When borrowing by mail, our check is forwarded within 24 hours.
