News | Christchurch
23 Nov 2024 23:33
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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
     23 Nov: A diver has been transported to Christchurch Hospital in a critical condition, following a water incident at Wellington's Makara Beach
     22 Nov: An annoying last wicket stand is keeping Canterbury from an emphatic victory on the final day of their second round Plunket Shield match against Central Districts in Nelson
     22 Nov: Warriors boss Cameron George claims there was no hesitation taking their Anzac Day NRL game to Christchurch next year
     22 Nov: Devastation at a North Canterbury school, following the unexplained death of a teacher aide
     21 Nov: Two Canterbury preschools have been hit by an outbreak of gastro cases
     21 Nov: Three more students from Christchurch's St Bede's College have spoken to police, alleging a former staffer of the school abused them
     21 Nov: Former Canterbury representative Blair Murray will start at fullback for Wales in Sunday's test against South Africa in Cardiff
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     Today's News

    International:
    Indonesian minister says Jakarta has agreed to return remaining Bali Nine members to Australia 21:57

    Business:
    Two people who share Division One's million dollar prize are tonight's biggest Lotto winners 21:56

    Accident and Emergency:
    A persons died and others were injured this afternoon in a three-vehicle crash on Waiotahe's State Highway 2 in Opotiki 21:27

    International:
    George Russell takes F1 Las Vegas Grand Prix pole and Max Verstappen starts ahead of Lando Norris 21:17

    Cricket:
    India's taken a 46-run lead into the second innings of the first cricket test in Perth, having dismissed Australia for a paltry 104 21:17

    Entertainment:
    Keke Palmer is living her life "on [her] own terms" 20:39

    Entertainment:
    Billie Eilish has been named as Apple Music's Artist of the Year 20:09

    Entertainment:
    Kristin Cavallari won't waste her time dating the wrong person 19:39

    International:
    Five remaining Bali Nine members could soon be transferred to Australia 19:37

    Entertainment:
    Boy George regrets being critical of Liam Payne before he passed away 19:09


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