I was planning to buy a sofa and chair from Laura Ashley in the next few days and had thought about taking advantage of their interest free credit terms (20% deposit, then 12 monthly payments- 0% APR). This was on the basis the money was better off for longer in my pocket than theirs- I could afford to pay for it now if I had to. However, it's suddenly occured to me that should they go under (and they've nearly gone at least a couple of times in recent years AFAIK) that I could end up being liable to the finance company for furniture I don't then receive. Would it be more sensible to pay for the order on a credit card (which I then pay in full so as to avoid interest on the purchase?) Will the CC cover me for the deposit payable (which will be over £100) should the company go bust and the furniture never arrive? Is there anything else I need to think of?
Many thanks.
