Want A Tough Project - Endeavor Collecting Debt Door To Door Inwards The Council Estates Of Northern England
I was reading the accounts of Provident Financial Group - a U.K. subprime lender. I accept no put - but this appears to endure an quondam relatively good run subprime lender alongside a prohibitively high cost to majority ratio.
Whatever - they are growing at ane time through a credit bill of fare trouble organisation where they are hawking cards on the street. And they are shrinking their foundation trouble organisation which involves selling loans too collecting debt door-to-door.
That trouble organisation - Provident - has a network of 5,500 agents who telephone shout out upwards each week at the homes of 900 yard people inwards the UK. That is 32 homes each per working day.
And they originate credit too collect loans.
Here is an extract from the annual report:
According to this the agents are primarily paid committee on what they collect, non what they lend.
Just imagine this job. Being paid for collecting on tough debts inwards the rainy, nighttime N of England, a fleck similar an quondam rent collector, only a picayune to a greater extent than seedy.
By comparing my life (and likely yours) is sheltered too easy.
John
Whatever - they are growing at ane time through a credit bill of fare trouble organisation where they are hawking cards on the street. And they are shrinking their foundation trouble organisation which involves selling loans too collecting debt door-to-door.
That trouble organisation - Provident - has a network of 5,500 agents who telephone shout out upwards each week at the homes of 900 yard people inwards the UK. That is 32 homes each per working day.
And they originate credit too collect loans.
Here is an extract from the annual report:
According to this the agents are primarily paid committee on what they collect, non what they lend.
Just imagine this job. Being paid for collecting on tough debts inwards the rainy, nighttime N of England, a fleck similar an quondam rent collector, only a picayune to a greater extent than seedy.
By comparing my life (and likely yours) is sheltered too easy.
John
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