‘New consumer protection against unfair contracts’ by Paul Clitheroe
If you’re taking out a new loan, signing up for a mobile phone plan or even just joining the local gym, chances are you’ll be asked to sign a contract. It always pays to read the fine print on any contract but since 1 July, consumers have the extra reassurance of new protection from unfair terms or conditions. Many of the contracts we sign are ’standard form’ contracts that don’t leave room for negotiation. You either sign on the dotted line and accept the conditions or take your business elsewhere.
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