I wrote about unregulated ‘rent-to-own firms’, and I thought that it was only a matter of time before this was reined in and regulated in a similar way to payday companies. I correctly predicted that would happen, and the Financial Conduct Authority (FCA)...
Rent-to-own firm BrightHouse has been ordered to pay £14.8m to 249,000 customers. I correctly predicted that ‘rent-to-own firms’ would eventually be regulated in a similar way to payday companies. The Financial Conduct Authority (FCA) has launched a...
COULD ‘RENT TO OWN’ FIRMS BECOME REGULATED IN A SIMILAR WAY TO PAY DAY COMPANIES? The BBC have featured this story again, and I believe it’s worth looking at given that they target the most vulnerable people in society who do not have access to...
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