Credit

Kiwibank exposed to the tune of $30 million as Laybuy goes under having failed to find buyer

Kiwibank exposed to the tune of $30 million as Laybuy goes under having failed to find buyer

Reforming the controversial Credit Contracts & Consumer Finance Act could turn out to be more complex than hoped by its critics

Reforming the controversial Credit Contracts & Consumer Finance Act could turn out to be more complex than hoped by its critics

Economist Brian Easton says the recent reduction in the US credit rating signals that market lenders are not happy with the US fiscal arrangements. New Zealand’s lower rating is a warning that we could do better too

Economist Brian Easton says the recent reduction in the US credit rating signals that market lenders are not happy with the US fiscal arrangements. New Zealand’s lower rating is a warning that we could do better too

Stats NZ says the seasonally adjusted spending fall in December was the first for nine months and was a 'large' fall for a December month; economists say consumers have taken on board Reserve Bank warnings about spending

Stats NZ says the seasonally adjusted spending fall in December was the first for nine months and was a 'large' fall for a December month; economists say consumers have taken on board Reserve Bank warnings about spending

Will changes to credit contracts and consumer finance laws lead to a government-induced credit crunch or protect borrowers from predatory lending?

Will changes to credit contracts and consumer finance laws lead to a government-induced credit crunch or protect borrowers from predatory lending?

More information will need to be gathered from borrowers by lenders about the reasons why they need the loan, their income, and expenses. Lenders need to assess that the borrower can afford the repayments without getting into financial difficulty

More information will need to be gathered from borrowers by lenders about the reasons why they need the loan, their income, and expenses. Lenders need to assess that the borrower can afford the repayments without getting into financial difficulty

Credit bureau Centrix reports rising levels of business debt stress in Auckland and Northland

Credit bureau Centrix reports rising levels of business debt stress in Auckland and Northland

Credit bureau Centrix says credit scores, arrears levels and financial hardship cases remain stable across all levels, while the fall in credit demand isn’t as nearly as deep as last year’s 70% fall

Credit bureau Centrix says credit scores, arrears levels and financial hardship cases remain stable across all levels, while the fall in credit demand isn’t as nearly as deep as last year’s 70% fall

Credit bureau Centrix says its data is painting a picture of an economy going from strength to strength, but activity may start slowing

Credit bureau Centrix says its data is painting a picture of an economy going from strength to strength, but activity may start slowing

Jarden head of research Arie Dekker says it is important for confidence and accountability that Fonterra gives 'some milestones and numbers for the next three years' before farmers vote on its capital structure

Jarden head of research Arie Dekker says it is important for confidence and accountability that Fonterra gives 'some milestones and numbers for the next three years' before farmers vote on its capital structure

Credit bureau Centrix says New Zealand's combined 'credit limit' equates to $59,808 debt for every man, woman and child in the country

Credit bureau Centrix says New Zealand's combined 'credit limit' equates to $59,808 debt for every man, woman and child in the country

Concerned about any consumer harm from buy now, pay later services, Commerce and Consumer Affairs Minister David Clark says government to consult on possible regulation

Concerned about any consumer harm from buy now, pay later services, Commerce and Consumer Affairs Minister David Clark says government to consult on possible regulation

Credit bureau Centrix says consumers are continuing to take advantage of record low interest rates; mortgage applications still strong but down from peak in February

Credit bureau Centrix says consumers are continuing to take advantage of record low interest rates; mortgage applications still strong but down from peak in February

The Commerce Commission's Anna Rawlings explains some of the latest changes to our credit law, and what it means to be a Fit and Proper director or senior manager

The Commerce Commission's Anna Rawlings explains some of the latest changes to our credit law, and what it means to be a Fit and Proper director or senior manager

Credit bureau Centrix says there's been a 10% increase in the number of households in hardship since the end of the Reserve Bank's mortgage deferral scheme

Credit bureau Centrix says there's been a 10% increase in the number of households in hardship since the end of the Reserve Bank's mortgage deferral scheme