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Top ten tips for financial savings this Christmas to set you on track for a stress-free 2010.

23 December 2009

AUCKLAND: It's that time of year again when New Zealanders battle crowds to buy the final Christmas presents and then splurge on the post-Christmas sales.

 

To ensure that New Zealand customers keep control of their personal finances, Greg White, Managing Director of GE Money New Zealand, has compiled ten easy tips to help New Zealanders keep track of their finances this Christmas and celebrate a stress-free 2010.

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GE Money announces strategic relationship with Kiwibank to provide personal loans to New Zealand consumers

17 September 2009

AUCKLAND: GE Money New Zealand and Kiwibank have announced a new strategic relationship to provide personal loans to New Zealand consumers.

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GE Money New Zealand reduces home loan variable interest rates by .25 per cent

06 May 2009

AUCKLAND: GE Money New Zealand has announced it will reduce home loan interest rates by 25 basis points for all variable rate mortgages following the latest review of its cost of funding and the recent New Zealand Reserve Bank’s official cash rate change.

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GE Money New Zealand reduces home loan variable interest rates by .5 per cent

17 March 2009

AUCKLAND: GE Money New Zealand has announced it will reduce home loan variable interest rates by 50 basis points for all variable mortgages following the latest review of its cost of funding and the recent
New Zealand Reserve Bank’s official cash rate change.

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GE Money proposes expansion of online and telephone sales channels and branch closures as part of long-term success strategy

2 March 2009

AUCKLAND: GE Money has today announced a proposal to close its branch distribution channel as part of an ongoing strategy to position the company for long-term success in New Zealand. GE Managing Director New Zealand, Greg White said there would be no change to the GE Money products on offer and it will remain the country’s leading non-bank lender, servicing more than 370,000 New Zealanders.

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GE Money Home Lending New Zealand to waive fees to assist home loan account holders to move to another lender

19 February 2009

AUCKLAND: GE GE Money Home Lending New Zealand today announced that from 2 March 2009 it will waive the Deferred Administration Fee (DAF) for three months for its home loan customers to assist them in moving to another lender. This is in response to its ability to pass on only a part of the recent cash rate cut due to the high cost of funds on the wholesale money markets.

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Wizard Home Loans to close due to global financial crisis

17 December 2008

AUCKLAND: "GE Money has announced today its reluctant decision to close its Wizard Home Loan business as a result of the global financial crisis and New Zealand home loan market conditions. This decision has no bearing on the ongoing Wizard review in Australia, which is progressing."

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GE Money New Zealand reduces home loan interest rates by 1.15 per cent

16 December 2008

AUCKLAND: GE Money New Zealand has announced it will reduce home loan variable interest rates by 115 basis points for Wizard loans and mortgages sold through third party mortgage managers, brokers and other introducers following the latest review of its cost of funding and the recent New Zealand Reserve Bank’s official cash rate change.

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GE Money to refund customers on overcharge issue inherited from Pacific Retail Finance

14 November 2008

AUCKLAND: GE Money has today apologised and is refunding 3,610 customers who were incorrectly charged interest on one particular Pacific Retail Finance (PRF) product sold over two years ago.

The issue relates to PRF’s Early Exit Interest Bearing (EEIB) hire purchase product sold between October 2005 and February 2006.

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