A court has fined a truck shop company just over $47,000 for failing to give customers key information.
The mobile trader, Bestdeals 4 You Limited, pleaded guilty to 19 charges under the Credit Contracts and Consumer Finance Act and the Fair Trading Act.
Using a catalogue, the company sells door-to-door in Auckland, Whangārei and Hastings under the name Easylayby.
The Commerce Commission said it failed to provide customers with an accurate statement of their right to cancel the contract or their right to apply for relief from unforeseen hardship, and other information.
An Auckland District Court judge said the company targeted the most vulnerable members of society, who could not pay for goods outright, and for whom credit was not otherwise available.
It is one of 11 mobile traders, often referred to as truck shops, prosecuted by the commission as part of its strategy to improve industry-wide compliance with consumer protection laws.