Bestdeals 4 You Ltd entered guilty pleas and was fined $47,250 for breaching s36 of the Fair Trading Act and s17 of the Credit Contracts and Consumer Finance Act. Bestdeals failed to provide customers with key information including an accurate statement of their right to cancel a contract andtheir right to apply for relief from unforeseen hardship. It also failed to provide over 100 customers with a copy of their layby sales agreement terms and conditions when they entered the contract, as required under the FT Act.
PartiesBestdeals 4 You Limited
Category
Consumer, Consumer credit
Sub-category
Act/Section
Fair Trading Act s 36; Credit Contracts and Consumer Finance Act s 17
