News | Christchurch
3 Dec 2025 17:29
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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
     03 Dec: A Coroner has decided against opening an inquiry into the death of Christchurch school girl who fell and hit her head on a school ice skating trip
     03 Dec: A Christchurch teen's due in court today, accused of stabbing a dairy owner during an aggravated robbery in Opawa
     02 Dec: A Christchurch dairy's closed for the day, after its owner was seriously assaulted during a burglary this morning
     02 Dec: A Christchurch man jailed for running an 800-thousand dollar stolen car chop-shop, is set to lose millions of dollars of property as a result
     02 Dec: Power line tampering has left dozens of properties in Christchurch's Avonside disconnected
     01 Dec: A Swiss man will spend Christmas in New Zealand - ahead of sentencing in January for careless driving causing death in Canterbury's Sheffield last month
     01 Dec: Christchurch police are looking at whether a spate of robberies over the past 48 hours, are linked to ram raids in the city last weekend
     Top Stories

    RUGBY RUGBY
    Striving to compete with a specialist American medley training squad is the reason behind two-time Olympian Lewis Clareburt making the move to Australia More...


    BUSINESS BUSINESS
    Years of effort have paid off - to have New Zealand's financial benchmark system for commercial transactions recognised in the European Union More...



     Today's News

    Rugby League:
    None of the Perth Bears' first four additions will play in the NRL next season 16:57

    Law and Order:
    Andrew Coster has accepted full responsibility for shortcomings identified in an IPCA report into the handling of complaints against Jevon McSkimming 16:47

    Law and Order:
    Pleas for fishers to steer clear of Papanui Point - one of New Zealand's deadliest drowning hotspots 16:17

    Law and Order:
    What led Donald Trump to pardon a foreign leader convicted of flooding the US with drugs 16:07

    Soccer:
    The All Whites will play two more home matches ahead of next year's Football World Cup 15:27

    Law and Order:
    A second 17-year-old is being charged with murder, over the death of US student Kyle Whorrall in April 15:17

    National:
    Euphemisms and false balance: how the media is helping to normalise far-right views 14:17

    International:
    Humanitarian migrants in US fear being deported into danger following shooting 14:17

    Law and Order:
    The Veterinary Council has censured and fined Auckland restaurateur Leo Molloy - who breached a court suppression order by naming a murderer 14:07

    Rugby:
    Striving to compete with a specialist American medley training squad is the reason behind two-time Olympian Lewis Clareburt making the move to Australia 13:57


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