Consumer credit media releases

June 2017

Commission issues credit fee guidelines

30 June 2017

The Commerce Commission has today released its Consumer Credit Fees Guidelines, to provide guidance for lenders in setting credit fees.

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Finance company fined $22,000 and returns $10,000 to borrowers

23 June 2017

Christchurch-based finance company Acute Finance Limited (Acute) has been fined $22,000 and says it has taken steps to return $10,000 to borrowers, after pleading guilty to four charges under the Credit Contracts and Consumer Finance Act (CCCF Act).

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Aunty and Herman return to raise awareness of consumer rights

19 June 2017

New Zealand’s sharpest legal advisor Aunty and her nephew Herman Faleafa have returned to raise awareness of consumer rights in the Commerce Commission’s animated series It’s All Good.

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