Friday, 30 May 2014

Green Deal Finance Company 'Misled' Consumers

The taxpayer-backed finance company for the government’s Green Deal energy efficiency scheme breached advertising rules by making misleading claims about the savings on offer, in the latest setback for the scheme. The Advertising Standards Authority ruled there had been breaches by the Green Deal Finance Company (GDFC), which provides finance for loans for households to install measures such as insulation or a new boiler, under the Green Deal. The ASA found that GDFC misled consumers by failing to make clear that they may be able to finance the measures much more cheaply using a credit card or personal loan, and that they were not guaranteed to save any money by signing up for a Green Deal. Read more on the Daily Telegraph website.

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