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Chris Laverty, Trevor OSullivan and Helen Dale of Grant Thornton UK LLP were appointed as Joint Administrators of Caversham Finance Limited on 30 March 2020 'the' Joint Administrators 'CFL. CFL trades as BrightHouse in the UK and provided rent-to-own and cash lending services to the UK consumer market.
Rent-to-own retailer BrightHouse ordered to repay £14.8m to customers Borrowing debt The Guardian.
The FCA said 81,000, BrightHouse customers whose ability to repay their loan had not been assessed properly and had been forced to hand back the goods will now be repaid. They will receive the interest and fees charged, plus compensatory interest of 8.
At last, its payback time for BrightHouse Borrowing debt The Guardian.
Laura Hutchison, who lives with her daughter Ellie in Galston, Scotland, and is on benefits, was paying off an L-shaped sofa from BrightHouse over several years but, she says, only managed £1,800, out of £2,500, so never ended up owning it.

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