Consumer Credit Media Releases

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August 2009

Commerce Commission settles with pawnbroker over interest rate misrepresentations

11 August 2009

The Commerce Commission has settled with an Invercargill based pawnbroker over breaches of the Credit Contracts and Consumer Finance Act (CCCF Act) and the Fair Trading Act.

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May 2009

Commerce Commission will not appeal Avanti Finance decision

29 May 2009

The Commerce Commission has decided that it will not appeal against the recent decision of the High Court in Commerce Commission v Avanti Finance Limited.

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April 2009

Update on Commerce Commission bank break fees investigation

30 April 2009

The Commerce Commission has completed the first part of its investigation into banks' break fees.

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Commerce Commission releases draft guidelines for credit fees

1 April 2009

The Commerce Commission has today released draft guidelines which inform creditors and consumers about the Commission's approach to enforcing the fees provisions under the Credit Contracts and Consumer Finance Act. The Commission is consulting on the guidelines before they are finalised.

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