Hi , hope you can help , i'm am researching an online busniess idea I have had and so far so good, it would appear to be a runner, there are very few competitors and I believe I can provide a service to match or better them right from the start.
The question I have is, for the products I will be offering I would like to offer a credit or layaway scheme so as to get as much trade as I can.
Products would range anywhere from €200 to €1000 in price.
I am curious if I can offer this facility or would I need to be regulated ie. am I trying to become a lending operaton ? or can I just offer this service ?
Sorry if its the stupidest question ever but I dont even know where to ask the question?