Consumer law update needed to combat ‘junk insurance’
Handle My Complaint is urging the Federal Government to protect consumers from so-called ‘junk insurance’ by making the Australian Consumer Law clearer.
Maurice Blackburn Lawyers filed a class action against JB Hi-Fi in the Supreme Court of Victoria last week, claiming that extended warranties offer no benefit to consumers.
Extended warranties: Don’t pay extra for nothing
Have you ever bought an extended warranty? Chances are you’ve been made to feel like it’s the best way to protect yourself against expensive repairs in the future. It’s not.
Extended warranties are completely worthless, here’s why
Many customers part with money unnecessarily by buying an extended warranty, when they already have this warranty by law. Its time for a fair go from retailers.
It's possible to get repairs outside the manufacturer’s warranty period for items ranging from electrical appliances like TVs, games consoles to washing machines and refrigerators.
It's estimated two in five people opt for an extended warranty, which can add up to 24 per cent to the final purchase price. However, what most don't know is the warranty is already implied in the price paid for the goods.