FinCap
Financial mentor charity FinCap sees 'stress and strain' from people seeking financial support against a falling number of financial mentors and reduced funding
17th May 24, 5:00am
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Financial mentor charity FinCap sees 'stress and strain' from people seeking financial support against a falling number of financial mentors and reduced funding
RBNZ releases finalised guidance for financial institutions on evaluating and mitigating climate-related risks, says they should understand the compounding effect climate-related risks may have on other business risks
27th Mar 24, 5:00am
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RBNZ releases finalised guidance for financial institutions on evaluating and mitigating climate-related risks, says they should understand the compounding effect climate-related risks may have on other business risks
Non-bank lenders launch Responsible Debt Collection Code including guidance on when & how often they'll contact debtors
10th Oct 23, 2:00pm
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Non-bank lenders launch Responsible Debt Collection Code including guidance on when & how often they'll contact debtors
A new National Party policy that would let young people use KiwiSaver to pay rental agreement bonds is a ‘stop-gap’ measure that dilutes the scheme, experts say
17th Jul 23, 3:40pm
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A new National Party policy that would let young people use KiwiSaver to pay rental agreement bonds is a ‘stop-gap’ measure that dilutes the scheme, experts say
The Government's had another go at fixing problematic credit rules it first implemented nearly 18 months ago, but the bankers are still not thrilled
12th Apr 23, 1:57pm
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The Government's had another go at fixing problematic credit rules it first implemented nearly 18 months ago, but the bankers are still not thrilled
[updated]
Amendments to the troubled credit rule changes last year will come into force on July 7, but the NZ Bankers' Association says the 'rushed' attempt to fix the problems won't make things easier for would-be borrowers
9th Jun 22, 10:31am
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Amendments to the troubled credit rule changes last year will come into force on July 7, but the NZ Bankers' Association says the 'rushed' attempt to fix the problems won't make things easier for would-be borrowers
Opinion divided over how much more easily borrowers will be able to access credit under proposed changes to the CCCFA
11th Mar 22, 4:36pm
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Opinion divided over how much more easily borrowers will be able to access credit under proposed changes to the CCCFA
BNPL now a common financial tangle for clients of financial mentors, who feel regulation is required to avoid 'bottom of the cliff' scenarios
5th Feb 22, 9:15am
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BNPL now a common financial tangle for clients of financial mentors, who feel regulation is required to avoid 'bottom of the cliff' scenarios
Christmas, the summer holidays and now 'back to school' align for some potential buy-now-pay-later pitfalls
1st Feb 22, 4:29pm
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Christmas, the summer holidays and now 'back to school' align for some potential buy-now-pay-later pitfalls
Will changes to credit contracts and consumer finance laws lead to a government-induced credit crunch or protect borrowers from predatory lending?
16th Dec 21, 5:00am
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Will changes to credit contracts and consumer finance laws lead to a government-induced credit crunch or protect borrowers from predatory lending?
Government says the 'end is in sight' for high-cost lenders and truck shops who trap the vulnerable in debt
4th Jun 20, 2:02pm
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Government says the 'end is in sight' for high-cost lenders and truck shops who trap the vulnerable in debt
Officials still working on the final details of a consumer credit interest rate cap announced as part of the Government's CCCFA changes
5th Sep 19, 2:29pm
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Officials still working on the final details of a consumer credit interest rate cap announced as part of the Government's CCCFA changes
Government includes daily interest rate cap on loans as part of a bid to crack down on loan sharks and predatory lending
3rd Sep 19, 11:40am
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Government includes daily interest rate cap on loans as part of a bid to crack down on loan sharks and predatory lending
FinCap says government should be taking a tougher stance against loan sharks
Commerce and Consumer Affairs Minister Kris Faafoi sticks to position that cap on total interest and fees will be most effective way to combat 'unscrupulous' lenders
12th Mar 19, 10:32am
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Commerce and Consumer Affairs Minister Kris Faafoi sticks to position that cap on total interest and fees will be most effective way to combat 'unscrupulous' lenders