Eu Prject
Provident financial provide home credit through the Provident Personal Credit and Greenwood Personal Credit brands, which share a network of over 300 branches and administrative facilities and provide small, unsecured loans, typically for sums of between £100 and £500.
Their customers use home credit for a variety of purposes, from special events like Christmas, weddings or birthdays to simply coping with an unexpected bill. Loans are delivered to the customer’s home by an agent of the company who then calls every week to collect the repayments.
Unlike other forms of lending, home credit includes all the costs up front. There are no extra charges whatsoever, even if a customer misses a payment. For those managing on a tight budget, it’s important to know that the amount to be repaid is fixed at the start and will never go up.
http://www.providentfinancial.com/index.asp?pageid=65
Provident financial have already ventured into Europe as they are hugely successful in Poland and the Czech Republic Provident financial can potently benefit from the EU market by the ways of:
Goods are no longer delayed for hours or days at borders by heavy paperwork: this makes delivery times shorter, allowing provident financial to save money and reduce prices for customers.
Consumer choice is vast: the range of products on sale across the EU is wider than ever and in most cases prices are easily compared thanks to the euro. Manufacturers have to keep prices down because they are selling into one huge competitive market. Mutual recognition of technical standards means products which are legally sold in one Member State can be marketed in all others.
Cross-border services: As provident financial does do insurance, property, transport and tourism along with their loans; these are among a wide range of services being marketed by companies in one Member State to customers in other countries.
Home loan:
Most people buy a mortgage in their own country and never think...
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