Property News · October 28, 2017

At last, it’s payback time for BrightHouse


A £600 computer can cost £2,000. But now the rent-to-own retailer has to repay £14.8m to customersFor hard-pressed families wanting household goods, the monthly payments at electricals store BrightHouse can be tempting. But extraordinary interest payments can mean a £600 computer at Currys costs more than £2,000 at BrightHouse, while an easy-looking £7.50-a-month TV spirals into a bill of £1,100.Lisa Brady, 30, who lives in Hamilton, Scotland, and has four children, is typical of the company’s customers, often young single mums. She tells Guardian Money: “I’m on benefits and it has been my lifeline, but the payments are just shocking.” Continue reading…

Source : theguardian.com
Read more…At last, it’s payback time for BrightHouse

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