Ninth mobile trader pleads guilty to Commerce Commission charges
Another mobile trader has been charged by the Commerce Commission, the ninth this year.
Bestdeals 4 You pleaded guilty to charges relating to its layby sales agreement and consumer credit contracts.
The company operated in Auckland, Whangarei and Hastings under the name Easylayby and had a physical store in South Auckland under the name Super Mobile.
The consumer watchdog said Bestdeals failed to comply with disclosure requirements for layby sales under the Fair Trading Act, especially failing to provide customers with a copy of the terms and conditions when entering into layby sales agreements.
It failed to disclosed key information, did not give consumers an accurate statement of their right to cancel the contract, their right to apply for relief from unforeseen hardship, or the details of the number of payments customers had to make.
The commission has refused to comment further until sentencing on December 16.
The commission 13 investigations open on mobile traders.
Last year the commission published its mobile trader report, which found 31 out of 32 mobile traders did not comply with all their obligations under the Fair Trading Act and the Credit Contracts and Consumer Finance Act.