Provident eyes online loans – paper

Consumer finance group IPF, the owner of the Provident brand, is mulling on the introduction of loans available online, Puls Biznesu wrote. The company has created a team to analyze this option for different types of offered consumer loans, the daily claims. The idea is said to have come from the group’s Polish managers. IPF declined to comment on any new plans. Solutions for online sales will be ready in September and Provident will then decide on them. Going online would be revolutionary for the company’s business model, which is based on personal contact between the company’s representative and the customer.