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- 2017.11.15
“Rational Consumption x Responsible Borrowing” Video Series - The Sugarcoated Loan Trap - Money Lending Intermediary
Quick and easy loan? Repay just by “min pay”? Watch out! Young consumers, with such an attitude in loan borrowing, may find themselves embroiled in debt one day. In collaboration with the Financial Services and the Treasury Bureau (FSTB), the...
- 2017.11.02
Rational Consumption Advocated for Young Adults: Avoid Falling Prey of Sugarcoated Loan Traps – Consumer Council & FSTB Join Forces in Production of Creative Online Videos
The market is flooded with loan advertising which target young adults, packaging attitude “supremacy of consumption” and “buy now, pay later” as the trendy value and lifestyle. Alongside with the proliferation of online purchase and...
- 2017.10.16
Car Crash Test Reveals Variation in Passenger Protection - AEB Strongly Proposed as Standard System to Provide Additional Safeguard
The past year saw a total of more than 16,000 traffic accidents in Hong Kong, including some 15% serious and 130 fatalities. Automobile manufacturers have, in recent years, strived hard to enhance their anti-crash performance for the protection of...
- 2017.10.16
Medium Moisturizing Performance but Vast Variation in Price and Inadequate Labelling in 10 Mineral-Oils Free Lip Balms
As the cool dry weather sets in, lip balm with good moisturizing effect could make all the difference in soothing the parched lips. Increasingly a variety of lip balm products are promoting to contain no mineral oil ingredients to ease consumers’...
- 2017.10.16
Prepackaged Chilled Fruit Juices Detected with Patulin Contaminant and Preservatives, and Low levels of Vitamin C and Dietary Fiber
Fresh, preservative-free, and rich in vitamin C and fiber. These are some typical claims of a proliferating variety of fruit juices including cold pressed juices that claim to even “detox”, driving health-seeking consumers to splurge willingly on...
- 2017.10.16
Problems Aplenty Besetting Private Columbaria Operation – Be Vigilant of Contract Details to Safeguard against Unlicensed Service
For years, with demand outstripping supply, the market has seen prices of private columbaria soaring into tens or hundreds of thousands, and the emergence of a large number of unauthorised columbaria. The Private Columbaria Ordinance which came into...
- 2017.09.19
Council Names Time-share Marketing Company for High-pressure Sales Tactics Consumers be Wary of Signing under Coercion Unreasonable Vacation Club Membership Contracts
The Consumer Council has taken to task a time-share marketing company for engaging persistently in malpractices much to the detriment of the consumers. As complaints against the rogue operator continued unabated and rising, the Council today...
- 2017.09.14
A Comprehensive Review of Mortgage Interest Rates and Charges – Smart Shopping Around for Price Comparison to Reduce Interest Payments
The residential property market boom with prices rising to ever new record high has not dampened the buyers’ interest. Long queues of buyers appear whenever a new property is launched on the market. However, there have been prospective buyers...