{"id":12216,"date":"2017-10-24T15:51:05","date_gmt":"2017-10-24T13:51:05","guid":{"rendered":"https:\/\/theworldwidejournal.com\/2017\/10\/24\/rent-to-own-retailer-brighthouse-ordered-to-repay-14-8m-to-customers\/"},"modified":"2017-10-24T15:51:05","modified_gmt":"2017-10-24T13:51:05","slug":"rent-to-own-retailer-brighthouse-ordered-to-repay-14-8m-to-customers","status":"publish","type":"post","link":"https:\/\/theworldwidejournal.com\/?p=12216","title":{"rendered":"Rent-to-own retailer BrightHouse ordered to repay \u00a314.8m to customers"},"content":{"rendered":"<p>The Financial Conduct Authority said the company, which supplies household goods on high-cost credit, had not been \u2018a responsible lender\u2019Britain\u2019s biggest rent-to-own retailer, BrightHouse, faces a \u00a314.8m bill to compensate nearly 250,000 customers as part of a clampdown on the sector by Britain\u2019s financial regulator.The Financial Conduct Authority has ordered the company \u2013 which supplies household goods such as TVs and washing machines on high-cost credit to people who cannot access more usual credit facilities \u2013 to pay \u00a314.8m to 249,000 customers. Continue reading&#8230;<br \/>\nVia: <a href=\"https:\/\/www.theguardian.com\/money\/2017\/oct\/24\/rent-to-own-retailer-brighthouse-ordered-to-repay-14m-to-customers\" target=\"_blank\">Rent-to-own retailer BrightHouse ordered to repay \u00a314.8m to customers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Financial Conduct Authority said the company, which supplies household goods on high-cost credit, had not been \u2018a responsible lender\u2019Britain\u2019s biggest rent-to-own retailer, BrightHouse, faces a \u00a314.8m bill to compensate nearly 250,000 customers as part of a clampdown on the sector by Britain\u2019s financial regulator.The Financial Conduct Authority has ordered [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-12216","post","type-post","status-publish","format-standard","hentry","category-english"],"_links":{"self":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts\/12216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12216"}],"version-history":[{"count":0,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=\/wp\/v2\/posts\/12216\/revisions"}],"wp:attachment":[{"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/theworldwidejournal.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}