The Commerce Commission has filed four charges under the Fair Trading Act 1986 against Home Funding Group Limited (HFG) and its sole director Luke Atkins. HFG faces two representative charges that it misrepresented to customers that it was offering a savings scheme that enabled customers to save a deposit for a house, when they were actually paying for financial coaching and brokering services.
PartiesHome Funding Group Limited, Luke Atkins
Category
Consumer credit
Sub-category
Act/Section
Fair Trading Act ss 13(b), 40(1), 47J, 47G