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Point of sales (POS) loans

Point of sales loans enable durable goods to be bought and paid for in instalments. The loans are sold to (predominantly first-time) borrowers at shops ("points of sale") where the purchase of durable goods occurs. They are typically underwritten through Home Credit employees (representatives) present in the given shop or through shop assistants working on commission as "Home Credit agents". A loan application is drawn up and forwarded to the local Home Credit Company. Home Credit then informs the customer of the outcome of the application via the representatives or shop assistants who also process the necessary POS loan documentation once the loan has been approved.

Typical distribution channels:

• points of sales (retail chains, independent retailers, internet shops)

Distribution channels may vary in individual countries.