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Consumer Credit Media Releases

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June 2005

Rent-to-buy schemes - Commission urges independent legal advice

2 June 2005

The Commerce Commission is urging people thinking of buying a house under a rent-to-buy contract to make sure they're getting the protections the new Credit Contracts and Consumer Finance (CCCF) Act provides for them. The Commission urges purchasers to ensure they receive independent advice about such an important transaction.

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