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Law
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Real Finance to pay borrowers $1.36m for excessive fees

A page on Real Finance's website notifying of the payments.

Andrew Bevin Fri, 03 Jun 2022

Fast credit firm Real Finance has agreed to pay $1.36 million to 515 borrowers for charging unreasonable fees, after a Commerce Commission settlement.

Real Finance admitted it entered into consumer credit contracts with borrowers between April 2013 and March 2020 that breached the Credit Contracts

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Andrew Bevin Fri, 03 Jun 2022
Contact the Writer: andrew@nbr.co.nz
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Real Finance to pay borrowers $1.36m for excessive fees
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