News | Christchurch
29 Nov 2025 13:15
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  •   Home > News > National > Christchurch

    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.

    © 2025 Newstalk ZB, NZCity

     Other Christchurch News
     28 Nov: In domestic cricket's Plunket Shield, the Auckland Aces are in the box seat after three days' play at Mount Maunganui
     28 Nov: Christchurch Police say they've exhausted all leads in their investigation into a gang-related shooting in Wainoni more than two weeks ago
     28 Nov: Christchurch's Mayor is set on getting the National Mount Erebus Memorial built as soon as possible
     27 Nov: Three people have been arrested after a major investigation into the illegal sale of cannabis in Canterbury
     27 Nov: A man's been charged over the death of a well-loved rural postie - killed delivering his final parcel before retirement
     26 Nov: The prominent Christchurch eye surgeon jailed for attempting to murder his landlord, has been warned by the Parole Board, for threatening his victims
     26 Nov: Tensions are rising over Christchurch's temporary stadium, with Canterbury Rugby League claiming it's owed hundreds of thousands dollars in revenue
     Top Stories

    RUGBY RUGBY
    Ryan Papenhuyzen and Zac Lomax are free to return to rugby league's NRL after rebel rugby union competition R360 pushed back their planned launch by two years - until 2028 More...


    BUSINESS BUSINESS
    Changes to regional councils could create debate about what to do with the assets they own More...



     Today's News

    Entertainment:
    Eva Longoria says becoming a mom at 43 was "perfect timing" 13:08

    Business:
    Changes to regional councils could create debate about what to do with the assets they own 13:07

    Living & Travel:
    Some Jetstar flights grounded due to global recall of Airbus A320 planes 13:07

    Rugby:
    Ryan Papenhuyzen and Zac Lomax are free to return to rugby league's NRL after rebel rugby union competition R360 pushed back their planned launch by two years - until 2028 13:07

    Basketball:
    A glass half full mindset for the Tall Blacks basketballers after letting a chance slip for a rare victory over their Australian counterparts 13:07

    Politics:
    Imran Khan's son and political allies concerned about his health amid block on prison visits 13:07

    Entertainment:
    Donald Glover has revealed he suffered a stroke last year 12:38

    Business:
    A global shortage of beef could be playing a key role in skyrocketing domestic mince prices 12:26

    Entertainment:
    Machine Gun Kelly made a shock confession about his sex life as he performed at the Las Vegas Grand Prix this week 12:08

    Business:
    Research could be the key for shoppers who actually want to get a deal this Black Friday weekend 11:56


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