§ Mr. CHORLTON
asked the Attorney-General whether he is aware of the practice of certain finance companies or their representatives in obtaining the signatures of householders or their wives to hire-purchase agreements without adequate explanation of their contents; that many such agreements provide that on failure to pay any instalment the full selling price, less a nominal amount, shall become payable and be recoverable at once, although the goods must be returned to the hirer; and that many such agreements provide that the selling price shall be payable in London and thus prevent the hirer defending himself owing to the expense of travelling; and what steps he proposes to take to prevent the injustice of such practices?
I am not aware of the prevalence of the practices referred to. My hon. Friend will appreciate the difficulty of protecting those who sign contracts without reading and understanding their terms. I am, however,2224W always ready to consider any facts which and may be brought to my notice with a view to considering whether any action is justifiable or possible.