Category Archives: Home credit

Get a chance to earn up to P 1 million in a Million Promotion Home Loan

Be the first Home Credit Philippines millionaire on loan in a Million Draw Promotion! For the first time ever, Home Credit Philippines, the nation’s leading consumer finance company with a nationwide store presence and rapidly growing mobile presence, will be offering a grand cash prize of P 1 million. to one (1) lucky Home Credit […]

Provident Financial to close its mortgage division | Yorkshire

Bradford-based Provident Financial is on the verge of shutting down its mortgage business and has started consulting with around 2,100 employees regarding the plans. The announcement came as the listed company reported a statutory loss before tax of £ 113.5million for the year ended December 31, 2020, compared to a profit of £ 119million in […]

Vi Partners with Bajaj Finance, Home Credit and IDFC Bank to Offer EMI on Samsung, Oppo and Vivo Phones

| Update: Wednesday, May 5, 2021, 9:26 a.m. [IST] Vi (Vodafone-Idea) announced the launch of a new offer with its prepaid plans in the country. The company has partnered with Bajaj Finance, Home Credit and IDFC Bank to offer EMI options on Oppo, Vivo and Samsung smartphones. Notably, the new offering comes with annual plans. […]

CSR: Home Credit partners with SEWA Bharat to restore livelihoods of nano-entrepreneurs

NEW DELHI: Mortgage India, an Indian branch of the international consumer credit provider with operations in Europe and Asia and committed to fostering financial inclusion, in partnership with SEWA Bharat started a livelihood project for nano-entrepreneurs. Nano-entrepreneurs refer to individuals who start their business with very less capital. In line with Home Credit’s movement to […]

Celebrate Holi, the festival of color and joy, with Home Credit’s easy financing options

ANI | Update: March 23, 2021 3:44 PM STI New Delhi [India], March 23 (ANI / BusinessWire India): It’s that time of year when everyone is getting ready to celebrate Holi, one of India’s liveliest festivals. Home Credit’s innovative products and offers for its customers encourage them to celebrate the festival with great fanfare and […]

bne IntelliNews – Mortgage loans plunge to € 584 million in losses in 2020

Home Credit Group, the consumer lender owned by Czech billionaire Petr Kellner, attributed a loss of € 584 million for 2020 to the coronavirus pandemic (COVID-19), but said it was profitable in 2 hours and that it should be again this year. Home Credit recorded a net profit of € 35m in 2H20 against a […]

Provident Financial reveals surveillance investigation into mortgage division

Monday, March 15, 2021 7:49 a.m. Door-to-door lender Provident Financial today revealed that it is the subject of a Financial Conduct Authority (FCA) investigation into its mortgage lending business. The survey will focus on “considering affordability and sustainability of loans to clients” within the division between February 2020 and February 2021. Provident said he was […]

UPDATE 2-Provident Seeks To Save The Mortgage Business With Bulk Complaint Resolution

* Provident says mortgage business is under investigation * Company presents £ 50million complaint resolution plan * Stocks dip 25% (add company info, update stock movement) March 15 (Reuters) – Provident Financial on Monday presented a £ 50million ($ 69.7million) plan to address an increase in complaints and claims against its home loan business during […]

Provident Financial says mortgage business is under regulatory investigation

Malcolm Le May, CEO of Provident Financial The Bradford-based company said an ongoing review has made it clear that the company needs to address the problem of the growing volume of customer complaints. The group said the operating environment for home collected credit had changed significantly in the second half of 2020. Provident decided that […]

Home Credit strengthens its insurance portfolio

Home Credit India, a local arm of the international consumer credit provider with operations in Europe and Asia and committed to fostering financial inclusion in India, today announced the launch of two-wheeler insurance in the under a strategic partnership with Bajaj Allianz General Insurance Company Limited, one of the leading private general insurance companies in […]