October 2005
Financial Options warned about buy-backs
27 October 2005
The Commerce Commission has warned Financial Options Group and its director Anton Keane that they may be breaching the Credit Contracts and Consumer Finance Act with house buy-back schemes in Auckland.Relates to: Consumer Credit
Commission targets consumer credit industry
14 October 2005
The Commerce Commission has visited fifty credit providers in Auckland, Wellington and Christchurch and come back with a mixed report card for the credit industry. The visits checked performance against the Credit Contracts and Consumer Finance Act, which came into force on 1 April 2005.Relates to: Consumer Credit
June 2005
Rent-to-buy schemes - Commission urges independent legal advice
2 June 2005
The Commerce Commission is urging people thinking of buying a house under a rent-to-buy contract to make sure they're getting the protections the new Credit Contracts and Consumer Finance (CCCF) Act provides for them. The Commission urges purchasers to ensure they receive independent advice about such an important transaction.Relates to: Consumer Credit
March 2005
Final reminder to credit industry: 1 April start for new law
31 March 2005
The Commerce Commission is reminding credit providers that they must be up with the play, when new credit law comes into full force tomorrow.Relates to: Consumer Credit
Changes to credit legislation signals first for New Zealand
22 March 2005
New Zealand is about to see major changes in how New Zealanders borrow and lend money, with this area of legislation being enforced by a regulatory body for the first time. From April 1, the Credit Contracts and Consumer Finance Act will be in full force.Relates to: Consumer Credit
