the_wardo
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I have just found out the level of my 69 year old mother's provident loan repayments. At the moment, she would appear to have 4 active loans and a weekly repayment of £110 per week whilst living on a pension. Surely there has to be some sort of irresponsible lending going on here? Most weeks, her fridge is almost running on empty and I'm lending money from time to time to help her pay things like rent, electricity and even to make sure that there is food in the fridge! I knew she had a loan, but I am shocked at the level of it. She cannot afford £400 a month, on a pension either! Is there any steps I can take to get this into a manageable payments?
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