Not so bright after all. BrightHouse hammered

Jonathan Davidson, executive director of supervision for retail and authorisations at the watchdog, said: “During the time in question, BrightHouse was not a responsible lender and failed to meet our expectations of firms in this sector. I am pleased that it has agreed to provide redress to those customers affected by these historic practices.

He added: “Responsible lending and the fair treatment of consumers, especially those in financial difficulties or who are vulnerable, are key priorities for us.”

https://www.theguardian.com/money/2017/oct/24/rent-to-own-retailer-brighthouse-ordered-to-repay-14m-to-customers

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