Cash Back Program
Promotion: New customers will receive a bonus of 2%(1) of their principal in cash upon making a new loan.
Eligibility: New customers(2) with new collateral(3)
Terms: All loans made through the cash back promotion and redeemed in less than 30 days are subject to a minimum 30 day interest charge(4). Regular rates apply starting on the 30th day. The Provident Loan Society of New York reserves the right to cancel or modify any promotion at any time.
(1) The promotion shall be 2% of the principal rounded up to the nearest dollar.
(2) New customers are defined as any individual not in our database at the time of the transaction.
(3)New collateral is defined as any collateral that has not been used for a loan at The Provident Loan Society prior to the transaction.
(4) The minimum 30 day interest charge will not exceed bonus amount.