Aotea Finance Limited, Aotea Finance (Manukau) Limited, Aotea Finance (Panmure) Limited and Aotea Finance (West Auckland) Limited

The Aotea Finance group of companies has agreed to make payments totalling $2.8 million (less $107,000 already paid) to current and former affected borrowers in relation to 14,442 loan contracts, following a settlement with the Commission. Aotea Finance failed to disclose all key information required under the CCCFA.