Flexi Buy Limited was fined $50,000 and ordered to pay $3,480 in damages to affected customers for failing to provide its customers with adequate disclosure of key information about their credit contracts, and describing some of the key information in a way that was likely to mislead or deceive a reasonable person.
PartiesFlexi Buy Limited
Category
Consumer credit
Sub-category
Act/Section
Credit Contracts and Consumer Finance Act ss 17, 32
