August 2007
Commission investigates south Auckland credit providers
16 August 2007
The Commerce Commission has warned six south Auckland credit providers, and will prosecute a seventh, for allegedly failing to provide important information to customers taking out personal loans. Adequate disclosure is required under the Credit Contracts and Consumer Finance Act (CCCF Act).Relates to: Consumer Credit
Commission warns truck 'shops' may be breaching credit law
10 August 2007
The Commerce Commission has warned four companies operating mobile shops in the North Island that they may be breaching the Credit Contracts and Consumer Finance Act (CCCF Act) by not disclosing important information to customers.Relates to: Consumer Credit
Loan company to refund over 2,000 customers
1 August 2007
In a settlement reached with the Commerce Commission, Gilrose Finance Limited will return over $50,000 to 2,303 customers affected by breaches of the Credit Contract and Consumer Finance Act.Relates to: Consumer Credit
Blenheim car dealer to refund customers over loans
1 August 2007
The Motor Centre admits it breached the Credit Contracts and Consumer Finance Act when it failed to tell customers about their rights and obligations, and charged fees for services it did not perform.Relates to: Consumer Credit
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