finPOWER News

NZ Commerce Commison Draft Guidelines for Credit Fees

2 April 2009

Commerce Commission releases draft guidelines for Credit Fees charged under the CCCFA for consultation.

Finance Company admits charging unreasonable credit fees

10 July 2008

Settlement is to repay 1,400 clients over $720,000

NZ Credit Contracts and Consumer Finance Act 2003 – Compliance Advice:

4 July 2008

Credit related insurance, repayment waivers, and extended warranties

NZ Finance Firm Fined over Credit Contracts

25 March 2008

A consumer finance company which lends almost exclusively to the Tongan community has been fined $37,480 in the Manukau District Court for breaches of the NZ Credit Contracts and Consumer Finance Act (CCCF Act) and Fair Trading Act

Cadmus Looks to grow Finance Company

1 November 2007

Cadmus invest in finPOWER to Grow busines unit

New finPOWER Accounting Ledgers Add-On

27 June 2006

The finPOWER Accounting Ledgers Add On is released to allow IFRS compliance.

New finPOWER Collections Manager Add-On

26 June 2006

The finPOWER Collections Manager Add On is Released

New Finance Arm for Enterprise Motor Group

7 December 2005

The launch of a new finance business, Community Financial Services Ltd (CFS Money™) was announced today by Fred Lewis founder of New Zealand's largest used motor vehicle dealer, the Enterprise Motor Group Ltd (Enterprise).

New finPOWER Loan Application Processing Suite Released

10 December 2004

The Loan Application suite is a full end–to-end suite that can cater for all your Loan origination, loan management and financial management needs.

New finPOWER Disbursements Add-On Released

1 December 2004

The new Disbursements Add-on now takes this arduous process and simplifies it into an easy step by step system.

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