Auto Finance Direct Limited (Auto Finance Direct) is likely to have breached section 41 of the Credit Contracts and Consumer Finance Act 2003 by entering into consumer credit contracts that provided for unreasonable credit fees. Auto Finance Direct agreed to return a total of $458,592.75 to 5,247 affected borrowers.
PartiesAuto Finance Direct Limited
Category
Consumer credit
Sub-category
Act/Section
Credit Contracts and Consumer Finance Act s 41
