
that 'no deposit' deal you saw was actually a credit card with hidden fees.
harvey norman and latitude were fined $55 million for hiding $537 in service fees inside a 60-month interest-free offer.
the federal court just handed down one of the biggest penalties ever for misleading ads. between 2020 and 2021, harvey norman and latitude finance pushed a 60-month interest-free deal that seemed like a win. the problem was they didn't mention you had to sign up for a latitude go mastercard to get it, which came with monthly account fees that added up fast.
this is a huge reminder that 'free' money usually has a catch. the court found both companies put their own profits way ahead of being honest with you. they now have to run corrective ads on their websites for 90 days to own up to the mess, but it's a clear signal to keep a sharp eye on the fine print of any retail finance deal.







