This is a document that we will send you each year to show you how much you have paid for your BrightHouse hire purchase agreements, what you still have to pay and the interest we have charged you.

The Annual Percentage Rate, or APR, is a way of showing how much interest you will pay each year on the product or products that you are buying from BrightHouse. The rate of your APR will depend on a [..]

The balance is the amount that you have outstanding on your BrightHouse agreement until they will be paid for fully.

Your budget is the amount of money that you have to spend each month compared with your income. After deducting what you spend from the income you receive, we work out what you have left over to asses [..]

A County Court Judgment, also known as a CCJ, is a court order that can be registered against you when you have been taken to court for failing to repay money that you owe. When you apply for any kind [..]

Credit is when a company agrees to provide you with a product or service before you pay for it in full. In exchange for providing it before full payment's received you generally have to pay a fix [..]

This is a legally binding agreement between a business and a customer in which the business agrees to provide goods or services before full payment is received and the customer agrees to pay a specifi [..]

A person's credit file contains information about their credit history including their payment history, the amount of credit they have outstanding and any county court judgements they may have ag [..]

A person's credit rating is a number which expresses what kind of credit risk they are to a lender. It is calculated by a credit reference agency using a wide range of information including payme [..]

This is an agency that gathers a person's credit information together and uses it to calculate their credit rating. Potential creditors like banks, credit card companies and other businesses use [..]