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While car contracts can be unnecessarily confusing they are not the only opportunity for reform. Service contracts need simplification as well, whether your agr
by Shivetya 9y ago
While car contracts can be unnecessarily confusing they are not the only opportunity for reform. Service contracts need simplification as well, whether your agreement for internet or cell service, to merely using one of the online streaming services. There is a lot of boiler plate in there that could be minimized with some good changes to the law.
This story is UK based, is there no Truth In Lending type act to help simplify these contracts into terms people can readily understand? A recent car purchase I made in Georgia (US) was very easy to understand, all the numbers on one sheet.
- desas 9y agoUsually taking out finance and making some investment decisions requires that you are given a Key Facts Illustration, which looks roughly equivalent.