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Closure of Yes Car Credit will cost Universal Salvage plc £350,000
16th December 2005

Following the announcement on 14 December of the immediate closure of its Yes Car Credit division by Provident Financial plc, the salvage and auction group Universal Salvage plc said it expected the decision to reduce its profit base by approximately £350,000 in the year to 29 April 2006. In the light of this, Universal “will be immediately reviewing its cost base to minimise the impact of this change”.

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<FONT COLOR=RED>Vanquis credit card is owned by provident Financial.Typical 39.9% APR variable Say No! </FONT>

Are you having problems with Yes Car Credit or a debt collection agency?
Make your complaint direct to the Office Of Fair Trading and BBC1 Watchdog below:
.

James.MacDougall@oft.gsi.gov.uk or telephone 08457 22 44 99
watchdog@bbc.co.uk or telephone - 020 8535 1000
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Use your own judgment. Seek advice of a qualified insured professional if you have any doubts
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Will Cost Universal Salvage Plc £350,000 · Yes Car Credit Closed.