This is how traders do tricks before and during Black Friday

The National Federation of Consumer Protection Associations (FEOSZ) draws attention to the importance of consumer awareness and awareness in connection with the upcoming Black Friday promotions.

In a statement sent to MTI on Saturday, it was highlighted that in all cases, even at zero-rate interest rates, verify the level of the APR (Annual Percentage Rate of Charge), which shows how much the loan will actually cost, along with all other costs incurred.

It happens that webshops and traditional shops raise the price of products in the days before the promotion, and then they calculate the amount of the promotion, so if you already know in advance what kind of goods you want to buy, it is worth checking the current prices on comparison websites days beforehand and looking at the discounted prices with these in mind, consumer advocates advise.

That a Promotional Loan Before you take out a loan, you need to make sure that the discount applies to which product and condition, the conditions for access and the period of time during which the application for a loan is submitted, they write in the Communication.

The warranty rules on credit, They also apply to promotional products purchased without a loan., in the case of a defective product, the consumer may enforce a warranty claim against the trader.

A trader’s behaviour of not exchanging “sales” is not correct.

Whether the consumer orders the product in a shop or from the Internet,

if it proves to be faulty, the trader cannot require the buyer to return it in its original factory packaging, this condition is unlawful

– presented by FEOSZ.

Black Friday is the name given to the Friday after Thanksgiving in the United States, where it has traditionally been the beginning of the Christmas shopping season for decades, when merchants offer extraordinary discounts.

Over the past few years, more and more traders have been applying in Hungary as well. Black Friday promotions.

The weight of Friday's investment in internet commerce is higher, and according to some expectations, the turnover of webshops in November this year could be close to 60 billion forints. According to GKI Digital's survey, 62 percent of webshops joined the action last year, and this year this figure could be up to 80 percent.

MTI