Fintech Limited

Payday lender Moola agrees $2.8 mln refund for 'unreasonable' fees

Commerce Commission says Moola charged unreasonable credit and default fees in 2016 and 2017; commission still has an 'irresponsible lending' High Court case against Moola

3rd Mar 21, 10:36am

by David Hargreaves

Commerce Commission says Moola charged unreasonable credit and default fees in 2016 and 2017; commission still has an 'irresponsible lending' High Court case against Moola

Payday lender Moola faces legal action after interest rates of up to 547.5% pa

Commerce Commission takes legal action against payday lender Moola for alleged breaches of the CCCFA, seeks injunction to prevent new lending. Moola to defend the claim

8th Jul 19, 12:43pm

by Stephen Forbes

Commerce Commission takes legal action against payday lender Moola for alleged breaches of the CCCFA, seeks injunction to prevent new lending. Moola to defend the claim