Harmoney says peer-to-peer lending closure a result of ‘draconian’ legislation
The lender is disputing the Commerce Commission’s view on credit fees.
Harmoney is continuing to fight the Commerce Commission’s allegations its peer-to-peer platform fee constituted a credit fee, despite already closing that arm earlier this year.
The company, the first to be licensed as a peer-to-peer lender in New Zealand in 2014, took its fight to the Court
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