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Fair for you in the media

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We’re In The Guardian!

fair for you money box radio

April 13, 2016 Comments (0) Views: 280 In the Media

Mention on BBC Radio 4’s MoneyBox

We’ve had a mention on BBC Radio 4’s Money Box, which was investigating the rent to own market.

Highlights include:

  • Julie, one of our customers from Birmingham, talks about the market leader, which has 70% of the market. Julie says“they could offer me what I wanted but not at the price that I wanted but at the time I couldn’t get credit from anywhere else, so I had to go with them. I bought a gas cooker, the price at the time was about £400, I ended up paying £1500 by the end.”
  • Is there an alternative? A report out next week from the Centre of Responsible Credit will highlight Fair for You as a cheaper alternative to the bigger and better known companies. Fair for you is a not for profit lender. If you pay them, let’s say £8 a week for the same product, you’d pay £628 in total and you’d own it out right after 82 weeks, rather than a 156 weeks.”

Listen to it in full here:

 

 

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