Quadsaa Pty Limited, which is trading as Pretty Penny and PPL, has decided to put down all outstanding loan balances in an agreement with the Commerce Commission. The company has also signed court-enforceable undertakings that from now onwards it will not promote for, invite or enter into consumer loans in NZ, and it will not offer any knowledge about borrowers to 3rd parties (except where necessary by law).

The company will also refund the full cost of borrowing to twenty-one borrowers mentioned in the Commission’s Statement of Claim against it, which was filed in the High Court in August 2019.



The website https://kalkinemedia..com/nz is a service of Kalkine Media New Zealand Limited (Company Number 8107196).The article has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above article is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion.Kalkine Media does not in any way endorse or recommend individuals, products or services that may be discussed on this site. We are neither licensed nor qualified to provide investment advice through this platform.


We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK