Sportzone Motorcycles and Motor Trade Finance Limited
Motor vehicle finance lender and motorbike seller charged credit fees that the Commission allege were unreasonable. In this judgment the Court provided further guidance on how credit fees may be calculated. This is the second of two separate judgments of the High Court.
Case Details
Parties
Sportzone Motorcycles and Motor Trade Finance Limited
Category
Consumer credit
Sub-category
Act/Section
Credit Contracts and Consumer Finance Act 2003 17, 41, Fair Trading Act 1986 9
Industry
Financial and insurance services
Status
Closed
Outcome
Judgment
Case Number
Date opened
09 October 2014
Date closed
09 October 2014
Contact person