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yeah, nah
Originally Posted by icyfire
Neither Lending Crowd nor Squirrel Money have loan rewrites. Harmoney charges $500 for topping up an existing loan (i.e rewrite) while banks only charge $150. Perhaps that's the main reason Harmoney has found itself in trouble with ComCom. We will soon find out.
No it's not the main reason for the court request for clarification... At this point they are not 'in trouble', the court has been asked to clarify the fee - full details are available on the Commercial Commission's website if you are interested in factual details.
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