Commission files Harmoney proceedings
The Commerce Commission has filed civil proceedings against Harmoney at the High Court, claiming peer-to-peer lender Harmoney's platform fees broke the law and borrowers deserve compensation.
The Commerce Commission has filed civil proceedings against Harmoney at the High Court, claiming peer-to-peer lender Harmoney's platform fees broke the law and borrowers deserve compensation.
TSB Bank has revealed it has lent $50 million in peer-to-peer loans via Harmoney.
National and NZ First have blocked Act leader David Seymour’s attempt to add a definition of a credit fee to the Credit Contracts and Consumer Finance Act.
Act leader David Seymour is calling on the Minister of Commerce to allow peer-to-peer platforms flexibility in their charges.
Peer-to-peer platform Harmoney has launched its automated lending system.
Peer-to-peer lender Harmoney is increasing its loan limit.
Squirrel Money founder John Bolton says he probably would not have bothered with peer-to-peer lending if he had not been able to see opportunities beyond it.
The Commerce Commission has filed civil proceedings against Harmoney at the High Court, claiming peer-to-peer lender Harmoney's platform fees broke the law and borrowers deserve compensation.
TSB Bank has revealed it has lent $50 million in peer-to-peer loans via Harmoney.
National and NZ First have blocked Act leader David Seymour’s attempt to add a definition of a credit fee to the Credit Contracts and Consumer Finance Act.
Act leader David Seymour is calling on the Minister of Commerce to allow peer-to-peer platforms flexibility in their charges.
Peer-to-peer platform Harmoney has launched its automated lending system.
Peer-to-peer lender Harmoney is increasing its loan limit.
Squirrel Money founder John Bolton says he probably would not have bothered with peer-to-peer lending if he had not been able to see opportunities beyond it.
LendMe boss Marcus Morrison says a $1 million loss in its first financial statements reflects the investment made in getting the platform off the ground.
The Commerce Commission has gone to the High Court to ask how the Credit Contract and Consumer Finance Act applies to consumer loans entered into with peer-to-peer lender Harmoney.
Peer-to-peer lender Lending Crowd wants to raise up to $5 million from investors to finance its growth plans.
Peer-to-peer lender Squirrel Money is to launch a secondary market for its investors next week.
Could New Zealand's first and biggest peer-to-peer lender be growing too fast?
Peer-to-peer lender Harmoney is to face charges it misled consumers into believing they had been pre-approved for a personal loan.
Peer-to-peer lender LendMe is expecting to a get boost as a result of the new, tighter loan-to-value restrictions on investors.