JFF responds to FCA’s consultation on Rent-to-Own Goods (February 2019)
Date Posted: Feb 04, 2019.
Just Finance Foundation recently submitted a joint response to the Financial Conduct Authority (FCA) with the Church of England’s Mission and Public Affairs Council, relating to its proposals to introduce price controls on the Rent-to-own (RTO) market which is made up of providers like Bright House, Perfect Home and others who lease goods to consumers who pay weekly or monthly payments. In it, we support the FCA’s proposal to introduce a 100% price cap in the Rent to Own market, and related measures. Our full response can be found here.