consumer debt

21st May 20, 3:16pm
Reserve Bank figures show credit card billings plunged 41.3% in April, bringing billings back to levels last seen in 2006
Reserve Bank figures show credit card billings plunged 41.3% in April, bringing billings back to levels last seen in 2006
21st May 20, 3:16pm
[Updated]
7th May 20, 12:14pm
Consumer credit demand fell by up to 71% and commercial credit demand dropped by up to 63% during the Covid-19 Alert Level 4 lockdown, credit bureau Equifax says
[Updated]
Consumer credit demand fell by up to 71% and commercial credit demand dropped by up to 63% during the Covid-19 Alert Level 4 lockdown, credit bureau Equifax says
7th May 20, 12:14pm
23rd Apr 20, 3:27pm
The abrupt cutting of travel and the first impacts of the lockdown have seen credit card spending slashed
The abrupt cutting of travel and the first impacts of the lockdown have seen credit card spending slashed
23rd Apr 20, 3:27pm
12th Apr 20, 7:27am
A debt jubilee, universal basic income and regionalism rather than globalisation, are among Steve Keen's key solutions to the COVID-19 pandemic and resulting steep economic downturn
A debt jubilee, universal basic income and regionalism rather than globalisation, are among Steve Keen's key solutions to the COVID-19 pandemic and resulting steep economic downturn
12th Apr 20, 7:27am
6th Apr 20, 12:24pm
Buy now pay later schemes could end in an unseemly crash as credit card capacity jumps to accommodate settlement obligations, and shoppers recoil as jobs are lost and these unregulated scheme plans can't be changed, David Chaston argues
Buy now pay later schemes could end in an unseemly crash as credit card capacity jumps to accommodate settlement obligations, and shoppers recoil as jobs are lost and these unregulated scheme plans can't be changed, David Chaston argues
6th Apr 20, 12:24pm
14th Feb 20, 9:42am
Financial Markets Authority says peer-to-peer lending was designed to provide a new investment opportunity for New Zealanders, and continues to do so despite Harmoney quitting the retail investor market
Financial Markets Authority says peer-to-peer lending was designed to provide a new investment opportunity for New Zealanders, and continues to do so despite Harmoney quitting the retail investor market
14th Feb 20, 9:42am
10th Feb 20, 9:50am
Commerce and Consumer Affairs Minister Kris Faafoi not in a hurry to engage with any push to establish Code of Practice for buy now pay later industry in New Zealand
Commerce and Consumer Affairs Minister Kris Faafoi not in a hurry to engage with any push to establish Code of Practice for buy now pay later industry in New Zealand
10th Feb 20, 9:50am
4th Feb 20, 2:48pm
Parent of buy now pay later service provider calls for Aussie-style Code of Conduct to be developed and implemented in New Zealand, seeks to engage with the industry and Minister Kris Faafoi
Parent of buy now pay later service provider calls for Aussie-style Code of Conduct to be developed and implemented in New Zealand, seeks to engage with the industry and Minister Kris Faafoi
4th Feb 20, 2:48pm
3rd Feb 20, 9:39am
Klarna, the buy now pay later partner of ASB's parent Commonwealth Bank of Australia that has launched across the Tasman, doesn't appear set for a New Zealand launch anytime soon
Klarna, the buy now pay later partner of ASB's parent Commonwealth Bank of Australia that has launched across the Tasman, doesn't appear set for a New Zealand launch anytime soon
3rd Feb 20, 9:39am
12th Nov 19, 9:46am
Payright, another buy now, pay later service provider, is up and running covering purchases of up to $20,000 for terms of up to 36 months
Payright, another buy now, pay later service provider, is up and running covering purchases of up to $20,000 for terms of up to 36 months
12th Nov 19, 9:46am
12th Nov 19, 9:31am
Select committee recommends clauses be added to the Credit Contracts Legislation Amendment Bill prohibiting lenders peddling 'high-cost' consumer debt from charging compound interest
Select committee recommends clauses be added to the Credit Contracts Legislation Amendment Bill prohibiting lenders peddling 'high-cost' consumer debt from charging compound interest
12th Nov 19, 9:31am
[Updated]
30th Oct 19, 10:51am
Online lender Harmoney raises almost $47 mln from Aussie private equity fund and 2 unnamed other investors to help fund lending growth in Australia
[Updated]
Online lender Harmoney raises almost $47 mln from Aussie private equity fund and 2 unnamed other investors to help fund lending growth in Australia
30th Oct 19, 10:51am
21st Oct 19, 9:48am
Gareth Vaughan casts an eye over UBS research tomes on Afterpay and the buy now, pay later sector to get a feel for its success and the threats it faces
Gareth Vaughan casts an eye over UBS research tomes on Afterpay and the buy now, pay later sector to get a feel for its success and the threats it faces
21st Oct 19, 9:48am
10th Oct 19, 10:15am
Morningstar analyst Nathan Zaia argues Latitude Financial Group is highly leveraged, exposed to lower credit quality and exposed to the competitive threat of rival buy now, pay later service providers
Morningstar analyst Nathan Zaia argues Latitude Financial Group is highly leveraged, exposed to lower credit quality and exposed to the competitive threat of rival buy now, pay later service providers
10th Oct 19, 10:15am
27th Sep 19, 6:26am
Trans-Tasman consumer finance company Latitude Financial Group seeks to raise A$1.4 billion through listing on Australian Securities Exchange
Trans-Tasman consumer finance company Latitude Financial Group seeks to raise A$1.4 billion through listing on Australian Securities Exchange
27th Sep 19, 6:26am
4th Sep 19, 10:17am
ANZ follows rivals with reductions to some credit card purchase interest rates, however most banks still have cash advance rates above 20%
ANZ follows rivals with reductions to some credit card purchase interest rates, however most banks still have cash advance rates above 20%
4th Sep 19, 10:17am
[Updated]
3rd Sep 19, 11:40am
Government includes daily interest rate cap on loans as part of a bid to crack down on loan sharks and predatory lending
[Updated]
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
8th Aug 19, 9:42am
ASB CEO Vittoria Shortt says partnership with Swedish fintech bank Klarna is both a defensive & offensive move through which any buy now pay later services will be covered by the CCCFA
ASB CEO Vittoria Shortt says partnership with Swedish fintech bank Klarna is both a defensive & offensive move through which any buy now pay later services will be covered by the CCCFA
8th Aug 19, 9:42am
[Updated]
8th Jul 19, 12:43pm
Commerce Commission takes legal action against payday lender Moola for alleged breaches of the CCCFA, seeks injunction to prevent new lending. Moola to defend the claim 
[Updated]
Commerce Commission takes legal action against payday lender Moola for alleged breaches of the CCCFA, seeks injunction to prevent new lending. Moola to defend the claim 
8th Jul 19, 12:43pm
5th Jul 19, 9:43am
Mastercard New Zealand boss says 'watch this space' following the company's acquisition of point of sale financing provider Vyze
Mastercard New Zealand boss says 'watch this space' following the company's acquisition of point of sale financing provider Vyze
5th Jul 19, 9:43am

Pages

Your access to our unique content is free - always has been. But ad revenues are diving so we need your direct support.

Become a supporter

Thanks, I'm already a supporter.