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Consumer lending

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
SBS Bank happy with Reserve Bank's preferred capital instrument option for mutual banks
12th Jun 22, 2:44pm
SBS Bank happy with Reserve Bank's preferred capital instrument option for mutual banks
[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
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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
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
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
by admin
116
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
The Credit Contracts & Consumer Finance Act - the case for a more 'principles-based' approach to affordability requirements
18th Feb 22, 9:34am
by admin
9
The Credit Contracts & Consumer Finance Act - the case for a more 'principles-based' approach to affordability requirements
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
69
Will changes to credit contracts and consumer finance laws lead to a government-induced credit crunch or protect borrowers from predatory lending?
NZ banks' housing lending continues rising as a percentage of their overall lending as business and agriculture lending heads in the opposite direction
23rd Sep 21, 9:40am
13
NZ banks' housing lending continues rising as a percentage of their overall lending as business and agriculture lending heads in the opposite direction
TSB lending more money in Auckland than Taranaki as annual profit and housing lending surges. Bank sells its Harmoney loan portfolio
30th Jun 21, 5:23pm
5
TSB lending more money in Auckland than Taranaki as annual profit and housing lending surges. Bank sells its Harmoney loan portfolio
The company that was New Zealand's first peer-to-peer lending firm has raised around $100 million from investors
19th Nov 20, 9:32am
3
The company that was New Zealand's first peer-to-peer lending firm has raised around $100 million from investors
The company that was New Zealand's first peer-to-peer lending firm is reportedly raising close to $100 million and will list on the Australian sharemarket next month
27th Oct 20, 9:56am
1
The company that was New Zealand's first peer-to-peer lending firm is reportedly raising close to $100 million and will list on the Australian sharemarket next month
Bell Gully poses the question of whether NZ will follow Australian move to ease responsible lending rules as Morgan Stanley assesses the impact of the move on the parents of NZ's big four banks
29th Sep 20, 9:37am
1
Bell Gully poses the question of whether NZ will follow Australian move to ease responsible lending rules as Morgan Stanley assesses the impact of the move on the parents of NZ's big four banks
AA Money starts offering secured personal loans following borrower interest in loans for debt consolidation, refinancing, home renovations, holidays and weddings
28th Sep 20, 2:15pm
AA Money starts offering secured personal loans following borrower interest in loans for debt consolidation, refinancing, home renovations, holidays and weddings
As of July 31 a total of $73.7 billion of bank loans were receiving some form of COVID-19 related relief. Gareth Vaughan speculates on what might happen to banks' non-performing loan ratios when the deferral scheme eventually ends
6th Sep 20, 6:02am
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As of July 31 a total of $73.7 billion of bank loans were receiving some form of COVID-19 related relief. Gareth Vaughan speculates on what might happen to banks' non-performing loan ratios when the deferral scheme eventually ends
Neil Roberts has sold another 3.9 million shares in what was the country's first peer to peer lender; another sale before the end of the year; low profile Nelson investor Michael Lookman building up his stake
31st Jul 20, 3:16pm
Neil Roberts has sold another 3.9 million shares in what was the country's first peer to peer lender; another sale before the end of the year; low profile Nelson investor Michael Lookman building up his stake
Bell Gully's Richard Massey and Timothy Shiels summarise the extensive additional changes proposed to the Credit Contracts and Consumer Finance Act by Parliament's Finance and Expenditure Committee
15th Nov 19, 9:22am
by Guest
Bell Gully's Richard Massey and Timothy Shiels summarise the extensive additional changes proposed to the Credit Contracts and Consumer Finance Act by Parliament's Finance and Expenditure Committee
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
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
Competitors and regulators weigh in on Harmoney founder Neil Roberts' view that there's no viable peer-to-peer lending model in New Zealand under existing laws
27th Sep 19, 5:00am
2
Competitors and regulators weigh in on Harmoney founder Neil Roberts' view that there's no viable peer-to-peer lending model in New Zealand under existing laws
Bell Gully's Richard Massey takes a look at what ASIC's loss in a landmark responsible lending case against Westpac means for New Zealand lenders
19th Aug 19, 9:49am
by Guest
5
Bell Gully's Richard Massey takes a look at what ASIC's loss in a landmark responsible lending case against Westpac means for New Zealand lenders
Online lender Harmoney reports an after-tax gain of $7.22 million and vastly increased assets; still seeking new share capital
24th Jul 19, 11:07am
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Online lender Harmoney reports an after-tax gain of $7.22 million and vastly increased assets; still seeking new share capital
Harmoney looking to raise $25 mln of new equity this year, founder Neil Roberts says, as the peer-to-peer lender eyes continuing growth
8th Mar 19, 5:00am
2
Harmoney looking to raise $25 mln of new equity this year, founder Neil Roberts says, as the peer-to-peer lender eyes continuing growth
Interest-free 'buy now pay later' products such as Afterpay, PartPay, Laybuy and Oxipay, to remain outside the CCCFA, MBIE says
12th Oct 18, 10:58am
1
Interest-free 'buy now pay later' products such as Afterpay, PartPay, Laybuy and Oxipay, to remain outside the CCCFA, MBIE says