Currys Buy Now Pay Later

jimbo24168

Just a word of warning to anyone planning on buying something from Currys on their Buy Now Pay Later terms.
At the end of the paperwork process you suddenly find out that there is a £25 charge that is not mentioned at any time prior to signing on the dotted line.

This is not a rant or complaint so the normal armchair assassins can save their breath on this one.

Azari

Well worth the warning.

This is a type of 'inertia selling'.

They are hoping that by the time you have decided on the product and gone through all the hassle of the paperwork you will feel inclined to carry on despite the nasty surprise.

It's a deceitful, scummy, tactic from a nasty, scummy, retailer.

System

Yes I noticed this with Curry's so just paid up front. It does tell you in the T's & C's but they rely on you not reading them before signing the document.

bod1467

jimbo24168 wrote: »

At the end of the paperwork process

Can you explain the "paperwork process" in a bit more detail please?

How do you sign the "paperwork" before having received all the "paperwork"?

bcl999

That's a bargain. The Dell fee is £39 "processing" and £25 "settlement"! Buy something at their minimum spend of £400 for 12 months pay later and you are, in effect, paying 15% for the privilege!

Georgiegirl256

Very strange that it wasn't mentioned to you before commencing the credit agreement?

I used to work at Comet, and before starting with the agreement, we had to read out a REALLY long script to the customer explaining everything fully and asking them if they understood and were ready to proceed, and then they had to sign that bit of paper before we could even start.

I'd just assumed it was a thing we had to do by law (infant, I thought it WAS something we had to do by law?) so people fully understood what they were getting themselves into.

Quite a few people after hearing about the £25 fee just decided to pay outright for their goods, it gave them a choice, I'm amazed they didn't mention this to you before.

thedr

Such a terrible scheme anyway, encouraging people to buy things which they can't afford to pay for outright.

Fosterdog

I've never taken out finance but have considered it for a few purchases ( new cooker, new bed, new sofa etc.) from my limited experience I've never seen a buy now pay later deal without a settlement/admin fee. Especially if they are interest free.