After receiving a complaint from a Wellingtonian who unwittingly signed up for a $30,000 Go Car Finance loan for a car worth $7000, Consumer NZ is warning buyers about just how easy it is to get ripped off.
A consumer watchdog says irresponsible lending is causing car buyers to get fleeced, with one paying $30,000 for a vehicle worth only $7,000.
Consumer NZ s
Demand has surged as people seek help to make ends meet amid a worsening cost-of-living crisis, while some advisors worry they will have to reduce staff.