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Aotea Finance agrees to refund borrowers $2.7m

Settlement agreement follows on from last year's $48,750 court fine.

Reweti Kohere Wed, 17 Jul 2019

Auckland lender Aotea Finance will pay almost $2.7 million to thousands of borrowers in a settlement agreement with the Commerce Commission.

Aotea Finance, operating out of Papatoetoe, Manukau, New Lynn, Panmure and Takanini, has agreed to refund or credit about 14,339 current and former

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Reweti Kohere Wed, 17 Jul 2019
Contact the Writer: reweti@nbr.co.nz
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Aotea Finance agrees to refund borrowers $2.7m
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