Mortgage News

Bill to force disclosure of break fees

Sunday 28th of June 2009

Gilmore's Private Members' Bill had focussed attention on the issue and he was in discussions with the Minister of Consumer Affairs, Heather Roy.

He expects his Credit Contracts and Consumer Finance (Break Fee Disclosure) Amendment Bill to be picked up in a government review of consumer finance legislation currently underway and included in a future government bill.

He wants lende...

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