Comment on Disability pensioner charged $6,760 for renting a phone that retails for around $1,800
vividspecter@lemm.ee 10 months agoSome things just shouldn’t be allowed, especially when this is aimed at the most vulnerable of society.
Comment on Disability pensioner charged $6,760 for renting a phone that retails for around $1,800
vividspecter@lemm.ee 10 months agoSome things just shouldn’t be allowed, especially when this is aimed at the most vulnerable of society.
wahming@monyet.cc 10 months ago
Ok, what is it specifically that shouldn’t be allowed here? Renting items? Setting prices higher than somebody else?
vividspecter@lemm.ee 10 months ago
In this case it’s through the Centrelink specific Centrepay system. Given it’s a government approved system they can presumably remove approval of this company for any reason, so it doesn’t have to reach some level of legal obligation, just an obvious to everyone ethical one.
Tankiedesantski@hexbear.net 10 months ago
Usury is a crime in most places. This kind of transaction is just usury dressed up in the legal fiction of a rental.
wahming@monyet.cc 10 months ago
I dunno, seems like a pretty big stretch to call equipment rental usury.
Tankiedesantski@hexbear.net 10 months ago
Not at all. A rent to own scheme is essentially legally identical to getting a seller or third party loan except for when title passes over to the consumer. In most other respects, especially in outcome, it’s the same transaction dressed up specifically to avoid existing usury laws.