Harmoney changes fee structure, small investors charged more
Move comes after some investors complained Harmoney's fee structure encouraged it to deliberately churn loans.
Calida Smylie Thu, 12 May 2016
Harmoney is changing how much it charges investors, removing a fee some complained was encouraging loan churn.
The peer-to-peer lender’s fee structure came under fire earlier this year from the Commerce Commission, which investigated whether its fees were fair or not.
Some investors complained on
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).