News | Law and Order
14 Nov 2024 16:54
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  •   Home > News > Law and Order

    A lender's been fined 200-thousand-dollars in the High Court at Christchurch for charging up to 182-percent interest on loans

    A lender's been fined 200-thousand-dollars in the High Court at Christchurch for charging up to 182-percent interest on loans


    Eagle MAN's been ordered to pay the fine for providing high-cost loans which breached the Credit Contracts and Consumer Finance Act.

    Commerce Commission Deputy Chair Anne Callinan says most of the company's loans were to consumers who were financially strained, recent immigrants, or on temporary work visas.

    © 2024 Newstalk ZB, NZCity

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     14 Nov: One NZ's promising to "vigorously defend" itself in new court action, over claims its new Space X service will provide "100-percent coverage"
     14 Nov: Sea Shepherd founder Captain Paul Watson to remain in detention in Greenland amid extradition push from Japan
     13 Nov: Police say there were no significant issues as the Treaty Principles Bill hikoi marched through Auckland
     Top Stories

    RUGBY RUGBY
    Plans from the South Island NRL bid's new president to meet with the other Christchurch-based proposals in the hopes of joining forces More...


    BUSINESS BUSINESS
    Seasonal and global factors are playing into our food prices More...



     Today's News

    Netball:
    Could the Silver Ferns benefit from New Zealand grassroots netball copying Australian training methods? 16:47

    Living & Travel:
    Plans from the South Island NRL bid's new president to meet with the other Christchurch-based proposals in the hopes of joining forces 16:37

    Entertainment:
    Ariana Madix dreams of starring in 'Mamma Mia!' on Broadway 16:32

    Business:
    Seasonal and global factors are playing into our food prices 16:17

    Business:
    Leading economist Nouriel Roubini warns Donald Trump's economic policies could lead to slower economic growth and inflation 16:07

    Entertainment:
    Queen Camilla will "keep trying" to raise awareness of domestic abuse 16:02

    Entertainment:
    Blake Shelton will search for "the next big artist" on 'The Road' 15:32

    Cricket:
    Black Caps allrounder Michael Bracewell is hopeful the 45-run loss to Sri Lanka in Dambulla will be a learning experience for the side's youngsters 15:27

    Entertainment:
    Ethan Slater thinks Ariana Grande is an "incredible" performer 15:02

    Auckland:
    A person's died after their tractor rolled down a bank on a rural farm south of Auckland 14:37


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