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Consumer Credit Media Releases

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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.

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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).

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