Consumer credit media releases

August 2017

Commission files proceedings against Harmoney over its platform fee

25 August 2017

The Commerce Commission has filed civil proceedings in the High Court at Auckland against peer-to-peer lender Harmoney Limited (Harmoney) and Harmoney Investor Trustee Limited (HITL).  

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Truck shop fined for deficient consumer contracts

18 August 2017

Truck shop operator Macful International Limited (trading as Ezitruck Shopping), has been fined $126,000 on 16 charges after failing to adequately disclose key information in consumer contracts and register as a financial services provider.

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Truck shop sentenced for “incomprehensible” contracts

14 August 2017

Auckland truck shop Zee Shop Limited (Zee Shop) has been fined $108,000 for providing contracts which included “incomprehensible” clauses.

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