News | Christchurch
1 Nov 2025 5:30
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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
     31 Oct: One of Christchurch's hottest hospitality spots has sold for 60 million dollars
     31 Oct: A 43-year-old truck driver who caused a fiery fatal crash near South Canterbury's Waimate, has been sentenced to three years and two months in prison
     30 Oct: Scans have confirmed Australian netballer Sunday Aryang sustained a ruptured anterior cruciate ligament (ACL) in her right knee in the final throes of last night's Constellation Cup decider in Christchurch
     30 Oct: Silver Ferns captain Karin Burger has lauded the efforts of defender Catherine Hall, despite losing the Constellation Cup to the Diamonds in Christchurch
     29 Oct: All Blacks lock Sam Darry is appreciative of his time with the Canterbury NPC team for playing a key role in his return to the international environment
     29 Oct: Silver Ferns interim head coach Yvette McCausland-Durie isn't surprised at the lack of close scores in this year's Constellation Cup netball series
     29 Oct: Former Tactix coach Marianne Delaney-Hoshek believes defensive pressure is the key to a Silver Ferns win in tonight's final Constellation Cup netball test in Christchurch
     Top Stories

    RUGBY RUGBY
    Three changes to the All Blacks' run-on side from their last outing in Perth, to face Ireland on Sunday morning in Chicago More...


    BUSINESS BUSINESS
    A Whangarei telco company has lost its trademark court battle with Uber More...



     Today's News

    International:
    What happens to Prince Andrew's children? Princess Beatrice and Eugenie to keep their titles 22:27

    Business:
    A Whangarei telco company has lost its trademark court battle with Uber 21:57

    Accident and Emergency:
    A person's died after a car went into a river in the small Waikato town of Whatawhata 21:17

    International:
    What do we know about Sandringham and Prince Andrew's new home? 21:07

    Health & Safety:
    Pet owners may be loving their animals to death - leaving a gap in the market for weight-loss drugs 18:57

    Law and Order:
    Health New Zealand has released footage of a fire that broke out in the Whangarei Hospital car park last week to quell speculation 18:37

    Law and Order:
    Three men have been arrested after allegedly attacking two people in Westport in one night 18:07

    Rugby:
    Three changes to the All Blacks' run-on side from their last outing in Perth, to face Ireland on Sunday morning in Chicago 17:27

    International:
    Prince Andrew stripped of title by King Charles and told to leave Royal Lodge 17:17

    National:
    Spiders inspired biologists to create artificial webs to capture airborne DNA for biodiversity monitoring 17:07


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