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Harmoney to repay $7m after admitting unreasonable fees

Long-running Commerce Commission case settles.

Dual-listed online lender Harmoney has admitted charging unreasonable fees and will repay tens of thousands of over-charged borrowers about $7 million after a long-running dispute between it and the Commerce Commission settled.

Auckland-based Harmoney provides unsecured personal loans of up to

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Hamish McNicol Fri, 27 Aug 2021
Contact the Writer: Hmcnicol@nbr.co.nz
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Harmoney to repay $7m after admitting unreasonable fees
Law,
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