Propertyfinance Securities Limited, New Zealand Guardian Trust Company Limited
Alleged misleading representation as to the full prepayment formula applied in that the creditor stated in the disclosure it would use the safe harbour formula when in fact it applied a formula based on bank swap rates
PartiesPropertyfinance Securities Limited, New Zealand Guardian Trust Company Limited
Category
Consumer credit
Sub-category
Act/Section
Fair Trading Act s 13(g); Credit Contracts and Consumer Finance Act s 51
