Contributors: Gerald Cohen, Lachlan Edwards, Tom Wilcox, Consumer Action Law Centre
There are many finance products available to help you acquire the things you may need in everyday life; for example, a mortgage to purchase your home, a personal loan to buy a car, and a consumer lease that allows you to hire household goods.
However, there are strict laws governing finance products and not all finance products on the market are legal. If you are unsure about a finance product, contact Consumer Affairs Victoria on 1300 558 181.
This section includes the following topics:
- Varying, re-opening and terminating credit contracts
- Consumer leases
- Payday loans
- Credit-related insurance
- Tied credit contracts
- Vendor terms contracts
- Finance brokers
A PDF of this chapter from The Law Handbook 2017 can be purchased for only $5.50. To purchase, click here.