Use SHARPS not these cowboys
Between these guys and Novuna finance we have been stitched up.
Months ago we gave Hammonds an order for bespoke fitted furniture and were offered "6 months interest free" by signing up with Novuna.
We didn't need credit but a delay in payment gave us two advantages, so we thought. Firstly, cash flow as we had the funds but demand is always high on personal resources and secondly it gave us an extra level of protection if Hammonds didn't deliver.
Surprise!
Whilst Novuna state in the finance agreement that you authorise them to make payment to your supplier when "goods/services have been supplied" they DO NOT require any proof ie satisfaction note, delivery note etc to make payment.
The supplier says "done" Novuna pay up and you are stuck with a credit agreement for something that is substandard and in dispute.
No one cares, especially Novuna or Hammonds because they know you are on the hook.
Can you imagine signing up for credit on a car that's delivered without any wheels and still having to pay for it? Madness
We raised a complaint too, told "no legal obligation to provide a satisfaction note prior to making payment"
Hammonds were in competition with Sharps and promised a better deal financially and finishes that we preferred. In the end we didn't get what we wanted at all, wish we'd gone with Sharps and paid cash.
This sharp practice should be illegal but it isn't so BEWARE
September 6, 2023
Unprompted review