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18 Nov 2025 11:28
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  •   Home > News > Politics

    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

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     Top Stories

    RUGBY RUGBY
    A new-look format for rugby's July test window More...


    BUSINESS BUSINESS
    Promise of tougher times for scammers, thanks to a number of new endeavours aiming to build up our defences More...



     Today's News

    Health & Safety:
    It could takes weeks or months to control a superbug outbreak at Christchurch Hospital 11:17

    Living & Travel:
    Strangers in their own land: how a new citizenship category could avoid a trap for Indigenous children born overseas 11:17

    Rugby:
    A new-look format for rugby's July test window 11:07

    Cricket:
    Opener Rhys Mariu's relaxed upon receiving another late call up to captain Canterbury in cricket's Plunket Shield against Northern Districts at Rangiora 11:07

    Boxing:
    Former world heavyweight champion Anthony Joshua will fight YouTuber-turned-boxer Jake Paul on December 19 in Miami 10:47

    National:
    Trump’s Gaza peace plan faces a pivotal UN Security Council vote. Can it get across the line? 10:37

    National:
    Kraftwerk’s equipment defined electronic music. Now it’s on sale to the highest bidder 10:27

    National:
    AI-induced psychosis: the danger of humans and machines hallucinating together 10:17

    National:
    Friday essay: my time with ‘Madam War Criminal’, unrepentant at 95 10:07

    International:
    Rio Tinto pauses plans for $3.7b lithium mine but Serbians remain concerned 10:07


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