Financial Holdings Limited
Financial Holdings Limited (FHL) has been warned by the Commerce Commission that its repossession documentation and post-repossession charges likely breached the Fair Trading Act 1986 (FT Act) and Credit Contracts and Consumer Finance Act 2003 (CCCF Act).
Case Details
Parties
Financial Holdings Limited
Category
Consumer credit
Sub-category
Act/Section
Credit Contracts and Consumer Finance Act 2003 83G, 83V, 83ZI, 83ZM, Fair Trading Act 1986 13(i)
Industry
Financial and insurance services
Status
Closed
Outcome
Case Number
Date opened
25 May 2018
Date closed
21 May 2020
Contact person