Shore Trading Ltd trading as Greenbucks Finance
Shore Trading Limited, trading as Greenbucks Finance did not provide key information about their loans (as set out in Schedule 1 of the Credit Contracts and Consumer Finance Act (CCCF Act) to borrowers before they entered into their loan contracts. As a result the Commission considers that Shore Trading Limited is likely to have breached s17 of the CCCFA.
Case Details
Parties
Shore Trading Ltd trading as Greenbucks Finance
Category
Consumer credit
Sub-category
Act/Section
Credit Contracts and Consumer Finance Act 2003 17
Industry
Financial and insurance services
Status
Closed
Outcome
Warning letter
Case Number
Date opened
07 August 2018
Date closed
19 July 2019
Contact person