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For this task I am going to compare three different types of loans which are provided by Halifax, NatWest and Alliance and Leicester. I have chosen to get a loan from these banks because they are reliable.

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Introduction

For this task I am going to compare three different types of loans which are provided by Halifax, NatWest and Alliance and Leicester. I have chosen to get a loan from these banks because they are reliable. Halifax Personal Loan Whether you're thinking of changing your car, making some home improvements or looking to simplify your finances into one manageable monthly payment, applying for a Halifax Personal Loan is quick and easy. Plus, you don't have to make any repayments for the first three months! Rate of Interest: 6.4% typical APR for loan over �7,000 Alliance and Leicester Personal Loan Alliance and Leicester lets you borrow an amount of money between �5,000 -�20000 with an interest rate of 6.1%. It also lets you take loans for up to 5 years with low, fixed monthly payments. NatWest Personal Loan NatWest offer a selection of loan products tailored to meet our customers' varying needs. ...read more.

Middle

This thinks are used every day that's why they're called day- to- day running of the business. Baskets-�31.99- Chrome I chose to buy these types of baskets instead of the red plastic basket (next to it) which were �26.99 because these are ideal for storing the products you are going to purchase. These baskets are 68cm high and store up to 50 baskets, while the red plastic ones are stacked on top of each other and look a mess. They are ideal for the shop because the look nice and are easy for customer to use. The baskets are also very easy to stack. Security Tagging- �1800 I purchased security tagging because they are ideal for my shop. The tagging itself is really big but slim so customers can't see it and it don't get in the way. The antenna has a width of 380mm and a height of 1605mm. ...read more.

Conclusion

cost �635. Scanner- �120 The ZB-8150 long range CCD scanner is durable and ergonomically designed to scans from touch to 200mm and is the best-valued handheld scanner in its class. My first choice scanner was this Metrologic (above) however it cost �250; so I simply couldn't afford it. Stand- �198 Easily assembled wall unit, comes with two uprights, back panels and 5 shelves: 2 x 30cm deep, 2 x 37cm deep and base shelf of 47cm deep. I chose this type of shelving because it has a nice cream colour and it is cheaper than a double sided freestanding shelf which cost �310. Security Cameras- �50 The CD360HVA-VPW has a specially designed rotary mount so vertical mounting (wall) can be possible. It is designed to withstand a 10lb sledgehammer blow without cracking, and uses security screws to make tampering difficult. The conduit adapter allows and even more secure installation. This camera is the best its class; the only thing which came close to it was the BNC-TX (white), however they're too big which makes it easy for thieves to spot them. ...read more.

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Response to the question

The report is quite limited. The report compares three different personal loans, and states a number of items which are going to be purchased for the store. However the student doesn't state all the necessary information to choose an appropriate ...

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Response to the question

The report is quite limited. The report compares three different personal loans, and states a number of items which are going to be purchased for the store. However the student doesn't state all the necessary information to choose an appropriate personal loan. In addition, the student doesn't justify any of their purchases, which is going to be funded though their personal loan. The student states three different banks, and compares the different features on each one. Although this section is quite brief and doesn't state some information which is necessary. The student should state any potential charges, if the student were to undertake a certain action/late payment. The student cannot make the decision at this stage, as I feel that there isn't enough information. By having all the information within the report, this would allow the student to make an informed decision. The student has also stated a number of items which there are going to purchase using the money from the personal loan. However the student doesn't explain that there are going to use the money from the loan to fund the items. This should be explained within the report, to allow the exmainer to understand with ease.

Level of analysis

The student has listed a number of products that there are going to purchase, however there haven't justified any of these. For example, the report could include 'The store will need to contain a number of security systems. One of these is the use of a security tagging, whereby if a consumer were to walk out of the store without paying, the alarm would go off. This would ensure that all items are paid for within the store, and reduce the amount of stock from being stolen. Thus, increasing the amount of profit from the store'.

Quality of writing

When the student compares the three different banks for the personal loan, the report should contain a table which can be used to input all the information which is necessary to make the decision. This would allow the student to view all the features of each bank at an quick glance and make a decision within an accurate and timely manner.


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Reviewed by danielbeal 05/04/2012

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