consumer debt
Centrix managing director Keith McLaughlin says a simultaneous increase in demand for credit, and in arrears, points to people being under pressure to meet repayment obligations
1st Sep 22, 5:00am
10
Centrix managing director Keith McLaughlin says a simultaneous increase in demand for credit, and in arrears, points to people being under pressure to meet repayment obligations
Centrix monthly credit report highlights a rise in the number of people missing consumer debt payments for 3 straight months & more than 100 construction company liquidations so far in 2022
5th Jul 22, 5:00am
7
Centrix monthly credit report highlights a rise in the number of people missing consumer debt payments for 3 straight months & more than 100 construction company liquidations so far in 2022
Proposed Latitude Group takeover of Humm's consumer finance operations, that would've consolidated their combined BNPL businesses, bites the dust
20th Jun 22, 10:12am
Proposed Latitude Group takeover of Humm's consumer finance operations, that would've consolidated their combined BNPL businesses, bites the dust
[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
34
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
Credit bureau Centrix says business debt demand is starting to rise, suggesting improving business confidence
3rd May 22, 5:00am
8
Credit bureau Centrix says business debt demand is starting to rise, suggesting improving business confidence
Commerce Commission says if the buy now pay later sector is to be dragged under consumer credit regulations, its contracts with customers could be regulated as revolving credit contracts
21st Apr 22, 3:13pm
Commerce Commission says if the buy now pay later sector is to be dragged under consumer credit regulations, its contracts with customers could be regulated as revolving credit contracts
CCCFA changes 'narrow refinements to specific aspects of regulations, rather than wholesale changes'
MBIE highlights where it sees lenders' interpretation and implementation of credit contracts and consumer finance regulations as too onerous and restrictive
8th Apr 22, 9:38am
MBIE highlights where it sees lenders' interpretation and implementation of credit contracts and consumer finance regulations as too onerous and restrictive
Credit bureau Centrix sees softening demand for consumer debt as arrears on personal loans rise
7th Apr 22, 5:00am
20
Credit bureau Centrix sees softening demand for consumer debt as arrears on personal loans rise
Consumer NZ joins consumer advocate groups from 8 other countries to seek regulation of the buy now pay later sector
24th Mar 22, 7:46am
1
Consumer NZ joins consumer advocate groups from 8 other countries to seek regulation of the buy now pay later sector
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
10
Opinion divided over how much more easily borrowers will be able to access credit under proposed changes to the CCCFA
David Clark unveils changes to responsible lending rules aimed at curbing unintended consequences of the Credit Contracts & Consumer Finance Act
11th Mar 22, 6:55am
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David Clark unveils changes to responsible lending rules aimed at curbing unintended consequences of the Credit Contracts & Consumer Finance Act
Simon Jensen probes how financial regulations are put together in New Zealand, asking whether it's parliamentary democracy at work or benign dictatorship by officials
23rd Feb 22, 11:50am
27
Simon Jensen probes how financial regulations are put together in New Zealand, asking whether it's parliamentary democracy at work or benign dictatorship by officials
Latitude strikes A$335 mln deal to acquire Humm in a consolidation play that bolsters its BNPL offerings
18th Feb 22, 3:52pm
1
Latitude strikes A$335 mln deal to acquire Humm in a consolidation play that bolsters its BNPL offerings
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
2
BNPL now a common financial tangle for clients of financial mentors, who feel regulation is required to avoid 'bottom of the cliff' scenarios
Bankruptcy rates low despite pandemic, with kiwi's dodging them in a way they weren't able to during the GFC
21st Jan 22, 3:49pm
14
Bankruptcy rates low despite pandemic, with kiwi's dodging them in a way they weren't able to during the GFC
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?
Credit bureau Centrix says consumer confidence is high as festive season kicks off, business credit defaults down, housing market stabilising
7th Dec 21, 5:00am
4
Credit bureau Centrix says consumer confidence is high as festive season kicks off, business credit defaults down, housing market stabilising
Changes to consumer lending rules from December 1 bring increased requirement to verify borrower information and assess suitability
17th Nov 21, 8:14pm
13
Changes to consumer lending rules from December 1 bring increased requirement to verify borrower information and assess suitability
Government consultation paper floats three options for addressing financial hardship caused by the buy now, pay later sector
9th Nov 21, 6:35pm
17
Government consultation paper floats three options for addressing financial hardship caused by the buy now, pay later sector
Credit bureau Centrix says credit demand is recovering after lockdown blip, but company closures and credit defaults are up
5th Oct 21, 5:43pm
4
Credit bureau Centrix says credit demand is recovering after lockdown blip, but company closures and credit defaults are up
Three threats to Australasian banks from Afterpay's acquisition by Square
Government delaying start of the Credit Contracts Legislation Amendment Act by two months due to community battle with Covid-19
9th Sep 21, 5:25pm
Government delaying start of the Credit Contracts Legislation Amendment Act by two months due to community battle with Covid-19
John Kavanagh of Australia's Banking Day argues it's time to regulate the buy now, pay later sector
7th Sep 21, 8:12am
6
John Kavanagh of Australia's Banking Day argues it's time to regulate the buy now, pay later sector
Buy now, pay later service providers tipped to replace banks as the dominant issuers of Visa and Mastercard cards
17th Aug 21, 10:08am
Buy now, pay later service providers tipped to replace banks as the dominant issuers of Visa and Mastercard cards
Buy now, pay later service provider Afterpay set to be acquired by Jack Dorsey's Square in major payments sector acquisition
2nd Aug 21, 11:39am
10
Buy now, pay later service provider Afterpay set to be acquired by Jack Dorsey's Square in major payments sector acquisition