CCCFA

12 Mar 19, 10:32am
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
More...
13 Feb 19, 3:14pm
Salvation Army’s State of the Nation report lumps debt and fringe lending in with alcohol consumption, drug taking and gambling in the social hazards section
More...
1 Feb 19, 12:16pm
The emergence and growth of 'buy now, pay later' services has caught the eye of competitors and regulators. Stephen Forbes takes a look at the fast growing sector
More...
30 Jan 19, 5:00am
Minister of Commerce and Consumer Affairs Kris Faafoi establishing new regulatory powers targeting new credit products
More...
5 Dec 18, 10:28am
BNZ to pay out over 10,000 customers an average of $375 each as a result of documentation errors following changes to the Credit Contracts and Consumer Finance Act (CCCFA)
More...
1 Nov 18, 2:25pm
Benefits of making lenders disclose the effective cost of credit, by combining interest rates & fees, deemed not sufficient to warrant the costs and complexities, MBIE says
More...
23 Oct 18, 2:51pm
MBIE strongly opposed to the introduction of a comprehensive creditor licensing regime as part of government's loan shark crackdown
More...
12 Oct 18, 10:58am
Interest-free 'buy now pay later' products such as Afterpay, PartPay, Laybuy and Oxipay, to remain outside the CCCFA, MBIE says
More...
10 Oct 18, 10:10am
Loan shark crackdown includes interest & fee caps, fit & proper person test and tougher penalties, Commerce & Consumer Affairs Minister Kris Faafoi says
More...
5 Jul 18, 1:54pm
As NZ regulators investigate banks' conduct & culture they should take a leaf out of ASIC's book and probe the credit card market too, Gareth Vaughan argues
More...
29 Jun 18, 5:00am
Gareth Vaughan argues the flawed Financial Service Providers' Register is a factor in consumer lending problems & it should be dumped with consumer lenders licensed
More...
28 Jun 18, 10:21am
Ministry of Business, Innovation & Employment discussion paper details how caps on consumer lender's interest rates and fees might work
More...
27 Jun 18, 10:00am
Government to strengthen consumer credit laws as it aims to stop people getting caught in 'appalling debt spirals' that are very difficult to escape
More...
16 Jun 18, 9:20am
Peer to peer lending facilitator Harmoney is to begin lending money through its own online platform
More...
12 Jun 18, 12:07pm
Government review of Credit Contracts and Consumer Finance Act includes a look at credit card interest rates
More...
31 May 18, 1:20pm
A Commerce Commission review of 215 selected lenders' websites found 21% of them failed to comply with disclosure obligations under the Credit Contracts and Consumer Finance Act
More...
21 May 18, 10:31am
Judge rules Harmoney's platform fee is a credit fee, doesn't accept the 'relative novelty of peer-to-peer lending should preclude the usual application of the CCCFA'
More...
14 Dec 17, 10:47am
TSB to refund about 2800 customers an average of $170 each after overcharging loan break fees between 2008 and 2016
More...
23 Nov 17, 2:09pm
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
More...
16 Nov 17, 10:23am
Harmoney tells court it can charge a fee for its services like a broker that includes profit as Commerce Commission argues there is nothing new or disruptive about what Harmoney's doing
More...

Pages