Consumer credit without tears 

You know that you should really educate yourself about your consumer rights – but it all sounds like a lot of hard work doesn’t it?

The Commerce Commission has developed a series of fun-to-watch animations aimed at helping you understand some of the big consumer and credit issues, and have a bit of a laugh at the same time.

The series, called It’s all good, follows Herman (a solo dad with a soft spot for big-ticket consumer products), Aunty (“one of Manukau’s sharpest legal operators”) and Marcus (a financial high-achiever with a heart).

In the first episodes Herman decides to get a loan to buy a high definition flat screen TV – conveniently forgetting that he’s already servicing several other loans, and oblivious to how much it’s all going to cost him.

Accompanying the series is a handy summary of key information that you need to know if you’re thinking of taking out a loan or buying stuff on credit, plus a list of organisations that can help if you need it.

If this whets your appetite for learning about your rights and obligations in a consumer credit contract, visit the Commerce Commission website for more.

But for now - click, watch, enjoy and enlighten yourself.