December 2008
Commerce Commission urges shoppers to be savvy this Christmas
10 December 2008
As the pre-Christmas shopping season gathers momentum the Commerce Commission is issuing a timely reminder to consumers of their rights under the Fair Trading Act and Credit Contracts and Consumer Finance Act (CCCF Act).Relates to: Fair Trading, Consumer Credit
July 2008
Equality Finance admits charging unreasonable credit fees
10 July 2008
In an out of court settlement with the Commerce Commission, Auckland based motor vehicle finance company Equality Finance Limited is to refund around 1,400 affected customers a total of approximately $720,000.
Relates to: Consumer Credit
Commerce Commission appeals Avanti Finance decision
3 July 2008
The Commerce Commission is appealing a recent Auckland District Court decision in which Avanti Finance was found not guilty of breaching the Credit Contracts and Consumer Finance Act (CCCF Act).
Relates to: Consumer Credit
June 2008
Geneva Finance refunds customers after Commerce Commission investigation
19 June 2008
Customers of Geneva Finance Limited have received more than $500,000 in refunds, following an out-of-court settlement with the Commerce Commission.
Relates to: Consumer Credit
March 2008
Finance firm fined over credit contracts
20 March 2008
A consumer finance company which lends almost exclusively to the Tongan community has been fined $37,480, in the Manukau District Court for breaches of the Credit Contracts and Consumer Finance Act (CCCF Act) and Fair Trading Act.Relates to: Fair Trading, Consumer Credit
February 2008
Finance company to refund 1200 customers
15 February 2008
Allied Nationwide Finance Limited has agreed to refund more than 1200 customers after they were charged an unreasonable fee for repaying their loans early.
Relates to: Consumer Credit