News | Christchurch
4 Dec 2024 0:20
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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.

    © 2024 Newstalk ZB, NZCity

     Other Christchurch News
     03 Dec: Southland tops the men's division one table after two rounds of the inter-provincial golf championships in Christchurch
     03 Dec: Details of the criminal charges against All Black winger Sevu Reece - ending today in a discharge without conviction
     03 Dec: The man charged with the murder of Christchurch realtor Yanfei Bao has begun making his closing statements to the jury
     03 Dec: All Black and Crusaders player Sevu Reece has been discharged without conviction, after admitting a charge of wilful damage at a Christchurch party
     03 Dec: The lengthy trial looking into the death of Christchurch real estate agent Yanfei Bao is seemingly nearing an end
     02 Dec: The wait for a test cricket cap goes on for Jacob Duffy
     02 Dec: Seasonal direct flights between Christchurch and Hong Kong resume today
     Top Stories

    RUGBY RUGBY
    Southland tops the men's division one table after two rounds of the inter-provincial golf championships in Christchurch More...


    BUSINESS BUSINESS
    Energy Resources Aotearoa says gas producers were severely damaged by the previous ban on oil and gas exploration More...



     Today's News

    Law and Order:
    Home affairs minister says there is a lot of goodwill to secure prison transfer for remaining Bali Nine members 22:37

    Business:
    Energy Resources Aotearoa says gas producers were severely damaged by the previous ban on oil and gas exploration 21:57

    Entertainment:
    Teri Hatcher will be "baking and baking" throughout the festive season 21:44

    Law and Order:
    Across the Tasman - the police officer convicted of MANSLAUGHTER after TASERING an ELDERLY WOMAN has been FIRED from the force 21:17

    Entertainment:
    Former My Chemical Romance star Bob Bryar has died aged 44 21:14

    Entertainment:
    Will Ferrell considers 'Saturday Night Live' to be "the hardest but most fun job" of his career 20:44

    Entertainment:
    Christina Aguilera allows her children to borrow her clothes 20:14

    International:
    Clothes and gear discovered after three hikers reported missing on New Zealand's highest peak, Aoraki/Mount Cook 19:47

    Entertainment:
    Travis Kelce has congratulated Hailee Steinfeld and Josh Allen on their engagement 19:44

    Politics:
    The Electoral Commission's head admits he didn't properly weigh up the decision to have a polling booth at a Marae run by a candidate 19:27


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