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What does this mean in practical terms?
From Consumer Affairs Vic:
There are certain important statutory protections for consumers who have terms contracts, including an ability to require transfer of title and a right to ask the vendor to modify the repayment arrangement should the purchaser be experiencing financial hardship, which CAV would like to see better used.The link is below. It doesn’t work properly as a link, you’ll need to copy and paste into your browser, sorry.
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