Profile Finance Limited
Current and former borrowers of Whangarei-based finance company Profile Finance Limited will receive $945,334 in credit and refunds after Profile Finance signed a settlement agreement with the Commerce Commission over its failure to properly disclose key information to consumers, as required under the Credit Contracts and Consumer Finance Act 2003.
Case Details
Parties
Profile Finance Limited
Category
Consumer credit
Sub-category
Act/Section
Credit Contracts and Consumer Finance Act 17
Industry
Financial and insurance services
Status
Closed
Outcome
Settlement
Case Number
Date opened
14 November 2017
Date closed
17 April 2020
Contact person
This page was published 3 weeks ago