Quote Originally Posted by Investor View Post
The only question was whether or not Harmoney's lending should fall under the Credit Contracts and Consumer Finance Act which it clearly should. I think the Commerce Commission shall have their way with Harmoney.
ANZ charges a one off loan approval fee of $250 and $150 for topping up an existing loan while Harmoney charge $500 for each fee. Are harmoney's loan application and topping-up processes that much more expensive when it's all done online? I'm all for Harmoney building a sustainable and profitable business but they are starting to get pretty greedy IMO.