Warning re: Everest credit proposals

ticvoria

Invited Everest to send a salesman round the other day to quote me for a small conservatory extension. Managed to get rid of him in one hour flat, which I thought was a significant achievement .

However: at the outset I informed him that (a) I was on a tight budget and (b) that regardless of any effort on his part I would not sign a contract that day.

After which, he really did try his best, tempting me with plans for an extension that would "only cost about £50,000" and making many offers of discounts should I sign that day.

OK, he has a job to do, but here is the warning: as the offers mounted I realised I was being offered £30,000+ unsecured credit over a 2 YEAR term that breached the list of lending conditions that he had already shown me. When I asked whether Everest were regulated for lending he could not show me any FSA/equivalent registration. When I pointed out the discrepancy, he said that the company would ignore their own lending terms and said that they were not for customers to see. Very irresponsible lending, surely?

bubblegumcola

That's interesting you say that because we had Everest round a few years ago for patio door quote and the bloke wanted us to pay over 2 years credit through them. I wanted to pay with a credit card to give me more protection should anything go wrong but he insisted it was better doing it his way. Needless to say I signed nothing and they didn't get a sale. I just didn't want a credit agreement with them but he couldn't seem to grasp the reason why I wouldn't. Maybe they get massive commission on giving credit? Prices are high enough as it is for their products, i was quoted a stupid price of two grand for bog standard patio doors which i felt was crazy. There must be others on here with experience of these credit tactics?