Not naming names here but its come to our attention that our employer doesn’t want to outlay the cash on a cycle to work scheme through cycle solutions and has therefore used a finance company. Fair enough.
What wasn’t obvious to a few employees was
the cost of the goods in their contracts added up to more than the rrp’s of their items ie a credit charge.
Sifting through the small print of the contract is this:
12.2. We will tell You if We are leasing the Goods from someone else to supply them to You under this Agreement if You ask Us
Nice.
The thing is, how can your employer or Cycle Solutions say that you’ll save say 40% when their is a finance charge on top.
Mis-selling or the way it is?
Your thoughts please