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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
3 mins to read

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

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Calida Smylie
Thu, 12 May 2016
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Harmoney changes fee structure, small investors charged more
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