Homes and Property | Home Page

Dixons attacked on credit deals

Victoria Fletcher12 April 2012

HIGH STREET stores group Dixons has been told to stop tricking customers or face court. Watchdogs ordered the electrical retailer to change the way it advertises interest-free deals or be shut down.

The Dixons stores, including Currys, Link, and PC World and furniture firms Harvey Furnishings and Magnum, have also been forced to stop using terms like zero% finance.

Customers believed they could buy an item and pay in instalments without interest. But if the final payment was missed, they were charged huge levels of interest for the entire period of the deal.

John Vickers, director-general of Fair Trading, said: 'When a consumer signs an interest-free deal then they should get that.'

A spokesman for Dixons said: 'These credit options are very popular and the vast majority pay within the designated periods.'

Create a FREE account to continue reading

eros

Registration is a free and easy way to support our journalism.

Join our community where you can: comment on stories; sign up to newsletters; enter competitions and access content on our app.

Your email address

Must be at least 6 characters, include an upper and lower case character and a number

You must be at least 18 years old to create an account

* Required fields

Already have an account? SIGN IN

By clicking Sign up you confirm that your data has been entered correctly and you have read and agree to our Terms of use , Cookie policy and Privacy notice .

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged in

MORE ABOUT

Consumer Issues
Dixons Group
PC World