The Good Guys Limited
The Good Guys Limited (in liquidation) has been warned for likely breaching section 17 of the Credit Contracts Consumer Finance Act by failing to disclose to customers key information applicable to consumer credit contracts as set out in Schedule 1 of the Act. Including, terms in a standard form consumer contract which were likely to be unfair contract terms for the purposes of section 46L of the Fair Trading Act.
Case Details
Parties
The Good Guys Limited
Category
Consumer credit
Sub-category
Act/Section
Credit Contracts and Consumer Finance Act 2003 17, Fair Trading Act 1986 46L
Industry
Financial and insurance services
Status
Closed
Outcome
Warning letter
Case Number
Date opened
16 March 2016
Date closed
17 December 2018
Contact person