payday lenders
Aotea Finance will pay thousands of customers after a settlement with the Commerce Commission due to credit contracts not including all the key information required under the Credit Contracts and Consumer Finance Act 2003
17th Jul 19, 11:35am
Aotea Finance will pay thousands of customers after a settlement with the Commerce Commission due to credit contracts not including all the key information required under the Credit Contracts and Consumer Finance Act 2003
Commerce Commission's court case against payday lender Ferratum scheduled for next year
23rd May 19, 10:19am
Commerce Commission's court case against payday lender Ferratum scheduled for next year
Finance broker alleges loan applications to 3rd tier lenders are being rejected because of payday loans, with finance company boss saying payday loans are often a sign someone has financial problems
13th Apr 19, 9:46am
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Finance broker alleges loan applications to 3rd tier lenders are being rejected because of payday loans, with finance company boss saying payday loans are often a sign someone has financial problems
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
MBIE strongly opposed to the introduction of a comprehensive creditor licensing regime as part of government's loan shark crackdown
23rd Oct 18, 2:51pm
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MBIE strongly opposed to the introduction of a comprehensive creditor licensing regime as part of government's loan shark crackdown
Loan shark crackdown includes interest & fee caps, fit & proper person test and tougher penalties, Commerce & Consumer Affairs Minister Kris Faafoi says
10th Oct 18, 10:10am
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Loan shark crackdown includes interest & fee caps, fit & proper person test and tougher penalties, Commerce & Consumer Affairs Minister Kris Faafoi says
Self-proclaimed 'pushy' Commerce & Consumer Affairs Minister Kris Faafoi commits to revamping archaic insurance law, but prioritises introduction of payday lender interest rate caps & a supermarket code of conduct
23rd Nov 17, 2:09pm
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Self-proclaimed 'pushy' Commerce & Consumer Affairs Minister Kris Faafoi commits to revamping archaic insurance law, but prioritises introduction of payday lender interest rate caps & a supermarket code of conduct
The newly-minted Commerce and Consumer Affairs Minister commits to championing open banking, capping payday lenders' interest rates, and writing a code of conduct for the supermarket industry
4th Nov 17, 7:30am
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The newly-minted Commerce and Consumer Affairs Minister commits to championing open banking, capping payday lenders' interest rates, and writing a code of conduct for the supermarket industry
Ex-TV reporter Kris Faafoi replaces former Play School host Jacqui Dean as Minister of Commerce & Consumer Affairs
26th Oct 17, 3:14pm
Ex-TV reporter Kris Faafoi replaces former Play School host Jacqui Dean as Minister of Commerce & Consumer Affairs
Labour Consumer Affairs spokesman Michael Wood says a Labour-led government may cap interest rates & wants Commerce Commission 'properly resourced' to protect consumers
20th Sep 17, 11:40am
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Labour Consumer Affairs spokesman Michael Wood says a Labour-led government may cap interest rates & wants Commerce Commission 'properly resourced' to protect consumers
Loan sharks and 'unscrupulous' payday lenders key targets as government releases Responsible Lending Code
17th Mar 15, 11:03am
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Loan sharks and 'unscrupulous' payday lenders key targets as government releases Responsible Lending Code
BNZ requests delay to introduction of Government's Responsible Lending Code
17th Feb 15, 4:15pm
BNZ requests delay to introduction of Government's Responsible Lending Code
Draft Responsible Lending Code says lenders should review fees if the fees are generating a profit
19th Nov 14, 4:00pm
Draft Responsible Lending Code says lenders should review fees if the fees are generating a profit
Government releases draft Responsible Lending Code
18th Nov 14, 8:54am
Government releases draft Responsible Lending Code
Banking Ombudsman calls for special treatment for payday lending and loan sharking in Responsible Lending Code
8th Sep 14, 5:00am
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Banking Ombudsman calls for special treatment for payday lending and loan sharking in Responsible Lending Code
NZBA says principles based Responsible Lending Code would facilitate innovation, competition and credit access, prescriptive approach creates compliance costs
25th Aug 14, 5:00am
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NZBA says principles based Responsible Lending Code would facilitate innovation, competition and credit access, prescriptive approach creates compliance costs
Responsible Lending Code discussion document outlines choice between prescription certainty and benefits of flexibility
14th Jul 14, 5:13pm
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Responsible Lending Code discussion document outlines choice between prescription certainty and benefits of flexibility
Consumer Affairs Minister Craig Foss seeking submissions on proposed Responsible Lending Code
9th Jul 14, 10:47am
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Consumer Affairs Minister Craig Foss seeking submissions on proposed Responsible Lending Code
Lenders face duty of care, borrowers more questions and potentially credit tap being turned off, in new anti loan shark law
29th May 14, 2:57pm
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Lenders face duty of care, borrowers more questions and potentially credit tap being turned off, in new anti loan shark law
Government teams with BNZ, Salvation Army and others in community finance initiative
5th May 14, 11:16am
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Government teams with BNZ, Salvation Army and others in community finance initiative
British payday lender starts offering NZ loans, says RBNZ LVR restrictions may create demand to 'fill the gap'
26th Aug 13, 4:24pm
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British payday lender starts offering NZ loans, says RBNZ LVR restrictions may create demand to 'fill the gap'