BrightHouse Offer People New Finance Options
BrightHouse Electricals the national retail chain who specialise in the sale of home electronic and domestic appliances, household furniture and related products is proud of its partnership with Rays of Sunshine Children’s Charity.
Brighthouse help the charity make kids with serious illnesses dreams comes true, purchase equipment for those children as well as important kit for the hospitals and schools that care for them. Over the last four years they have received support from a number of corporate including British Airways and Next. In 2008 BrightHouse became the charity’s largest corporate sponsor. This has been made possible by the growth of the business in general.
It has been well noted recently that one of the most popular areas of lending is ‘buy now pay later’ finance available on the high street such as BrightHouse. People utilizing all of low or no interest bargains are spending their money prudently and making their cash go further by paying for the cost of expensive essentials such as couches and white products over a period of months. With the downturn in high-street spending, it seems that every store is getting in on the act and offering tempting finance deals.
BrightHouse was created out of Thorn-EMI, the owner of Radio Rentals, by Terra Firma, Guy Hands’s private equity group. It earned infamy for exorbitant APRs and costly compulsory extra cover. Nowthe chain is on the front foot, trying to clean up both its branches and its reputation as it embarks on a very significant growth programme. It plans to inaugurate 21 branches next year and calculates that there is enough demand for at least 600.
It’s important that Brighthouse bare in mind that Many of the larger credit card companies have been taking flak recently for some of the ridiculous interest rates and tricks used to get every last cent out of their customers. Brighthouse do not want to be percieved as doing the same thing. The internet has presented the banks with a unique challenge to deal with as people now have close to perfect knowledge of the market and can very easily and quickly find a better deal, you no longer have to have the business acumen of a top financier to stay ahead.
