consumer debt
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
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
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
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
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
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
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
2
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
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
1
Select committee recommends clauses be added to the Credit Contracts Legislation Amendment Bill prohibiting lenders peddling 'high-cost' consumer debt from charging compound interest
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
Online lender Harmoney raises almost $47 mln from Aussie private equity fund and 2 unnamed other investors to help fund lending growth in Australia
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
1
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
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
1
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
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
1
Trans-Tasman consumer finance company Latitude Financial Group seeks to raise A$1.4 billion through listing on Australian Securities Exchange
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
13
ANZ follows rivals with reductions to some credit card purchase interest rates, however most banks still have cash advance rates above 20%
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
5
Government includes daily interest rate cap on loans as part of a bid to crack down on loan sharks and predatory lending
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
2
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
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
2
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
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
Mastercard New Zealand boss says 'watch this space' following the company's acquisition of point of sale financing provider Vyze
Visa unveils 'buy now, pay later service' noting instalment payment volumes have been growing twice as fast as credit card volumes
2nd Jul 19, 3:31pm
3
Visa unveils 'buy now, pay later service' noting instalment payment volumes have been growing twice as fast as credit card volumes
Commerce Commission takes legal action against Wellington-based Real Finance over unreasonable fees and charges
2nd Jul 19, 10:25am
1
Commerce Commission takes legal action against Wellington-based Real Finance over unreasonable fees and charges
Kiwibank cuts credit card interest rates, dropping some below 10% for the first time as it announces new Visa deal at Mastercard's expense
26th Jun 19, 1:16pm
17
Kiwibank cuts credit card interest rates, dropping some below 10% for the first time as it announces new Visa deal at Mastercard's expense
Commerce Commission says harsher penalties will provide unscrupulous lenders with an incentive to comply with the Credit Contracts and Consumer Finance Act
25th Jun 19, 5:00am
Commerce Commission says harsher penalties will provide unscrupulous lenders with an incentive to comply with the Credit Contracts and Consumer Finance Act
Buy now, pay later service provider Afterpay airs concerns about the 'broad and uncertain regulatory call in' power currently proposed by the Credit Contracts Legislation Amendment Bill
22nd Jun 19, 9:01am
9
Buy now, pay later service provider Afterpay airs concerns about the 'broad and uncertain regulatory call in' power currently proposed by the Credit Contracts Legislation Amendment Bill
Afterpay falling foul of AUSTRAC highlights the regulatory challenges facing newcomers to the financial services sector, Gareth Vaughan says
14th Jun 19, 4:46pm
Afterpay falling foul of AUSTRAC highlights the regulatory challenges facing newcomers to the financial services sector, Gareth Vaughan says
Australian anti-money laundering regulator AUSTRAC identifies concerns with buy now, pay later service provider Afterpay's AML/CFT compliance and orders probe by external auditor
13th Jun 19, 2:35pm
1
Australian anti-money laundering regulator AUSTRAC identifies concerns with buy now, pay later service provider Afterpay's AML/CFT compliance and orders probe by external auditor
Laybuy co-founder Gary Rohloff says buy now pay later providers shouldn't be scared of future government regulation and oversight
10th May 19, 9:24am
2
Laybuy co-founder Gary Rohloff says buy now pay later providers shouldn't be scared of future government regulation and oversight
Compounding interest has a fierce effect on the cost of letting your credit card balance roll over each month, boosting sky-high rates even higher
20th Apr 19, 9:31am
19
Compounding interest has a fierce effect on the cost of letting your credit card balance roll over each month, boosting sky-high rates even higher
Chapman Tripp says government legislation designed to crack down on predatory lending could drive some borrowers to high cost loans
15th Apr 19, 11:29am
Chapman Tripp says government legislation designed to crack down on predatory lending could drive some borrowers to high cost loans
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
8
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