Have you seen those rather garish and over-enthusiast adverts on the TV for Brighthouse which tell you can furnish your home and pay later? So, if you’re struggling to find the money for the new sofa you need or if the washing machine’s just packed up but you can’t afford to replace it right now, Brighthouse could be the answer to your prayers. Basically they rely on people with poor or no credit histories who would be unable to buy these goods by any other means. It has even been said that there stores are often opened in the most deprived areas to maximise the opportunities of tempting in customers who would be refused credit elsewhere. I’m not against the chance to buy now, pay later, but watching the advert recently I was horrified by the extortionate interest rates. Now, I don’t claim to be a financial genius (in fact when it comes to budgeting and accounts I’m not too hot), but even I realise that paying almost 3 times the price for something just to get it on credit doesn’t represent value for money. The problem is, many of the potential customers wouldn’t realise just how much debt they were getting themselves into, which has to be real cause for concern. So, I don’t think Brighthouse is the brightest option for purchasing goods on credit, but I’d be interested to hear from anyone who has chosen to shop there.