New Zealand Credit Contracts and Consumer Finance Act 2003 17: Initial disclosure: give the Schedule 1 key information and all other terms before the contract is entered into

What does 17 require?

The creditor must disclose the Schedule 1 key information that applies to the contract (the creditor's details, the amount of credit, annual interest rates, how interest is calculated, credit and default fees, payments, security, the right to cancel, hardship rights, dispute resolution and registration details, continuing disclosure and the consequences of default) to every debtor before the contract is entered into, and must give or send every debtor a copy of all the other terms of the contract not already disclosed, other than terms implied by law.