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Personal Loans

Avanti Finance Chairman Glenn Hawkins wants new CEO Fred Ohlsson to 'bring our growth strategy to life'
23rd Jan 24, 7:20am
Avanti Finance Chairman Glenn Hawkins wants new CEO Fred Ohlsson to 'bring our growth strategy to life'
Equifax says consumer debt demand rose year-on-year in the September quarter, boosted by unsecured personal loans
26th Oct 23, 10:09am
2
Equifax says consumer debt demand rose year-on-year in the September quarter, boosted by unsecured personal loans
If it looks like debt, let’s treat it like debt. Why ‘buy now, pay later’ schemes need firmer regulation in NZ
8th Sep 23, 9:30am
by Guest
If it looks like debt, let’s treat it like debt. Why ‘buy now, pay later’ schemes need firmer regulation in NZ
Squirrel's David Cunningham explains how interest rates are set and how banks have been able to boost their margins by about 20%
7th Sep 23, 2:14pm
11
Squirrel's David Cunningham explains how interest rates are set and how banks have been able to boost their margins by about 20%
Debt stress among young people and businesses rising, Centrix says, with borrowers aged under 25 appearing 'to be struggling quite consistently'
1st Sep 23, 5:00am
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Debt stress among young people and businesses rising, Centrix says, with borrowers aged under 25 appearing 'to be struggling quite consistently'
[updated]
Credit bureau Centrix says loan arrears rates are rising but remain behind historic levels
1st Feb 23, 5:00am
20
Credit bureau Centrix says loan arrears rates are rising but remain behind historic levels
Credit bureau Centrix says the number of borrowers behind on consumer loans is rising and so is demand for consumer loans
1st Dec 22, 5:00am
17
Credit bureau Centrix says the number of borrowers behind on consumer loans is rising and so is demand for consumer loans
In the last of a series of articles on bank fees, Matt Skinner looks at personal borrowing fees the major banks charge
17th Nov 22, 3:31pm
1
In the last of a series of articles on bank fees, Matt Skinner looks at personal borrowing fees the major banks charge
Consumer debt demand climbing to pre-pandemic levels as rising cost of living bites
1st Nov 22, 10:13am
25
Consumer debt demand climbing to pre-pandemic levels as rising cost of living bites
Series of loan establishment and administration fees removed by Westpac NZ
15th Sep 22, 11:26am
Series of loan establishment and administration fees removed by Westpac NZ
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
Finance company Thorn Financial Services merging with Limelight Software to seek growth by 'providing a native digital financing option' as Limelight Group
24th Mar 22, 10:45am
Finance company Thorn Financial Services merging with Limelight Software to seek growth by 'providing a native digital financing option' as Limelight Group
The opening of new retail credit accounts dropped 44% year-on-year in the first full month after CCCFA changes, the steepest fall since the start of the Covid-19 pandemic
7th Mar 22, 1:08pm
by Toby Allen
21
The opening of new retail credit accounts dropped 44% year-on-year in the first full month after CCCFA changes, the steepest fall since the start of the Covid-19 pandemic
Westpac NZ set to launch regulation ready BNPL 'anywhere' service Bundll with Humm, and potentially buy up to 49% of the business
15th Jul 21, 10:04am
3
Westpac NZ set to launch regulation ready BNPL 'anywhere' service Bundll with Humm, and potentially buy up to 49% of the business
Credit bureau Centrix says its data is painting a picture of an economy going from strength to strength, but activity may start slowing
6th Jul 21, 10:18am
2
Credit bureau Centrix says its data is painting a picture of an economy going from strength to strength, but activity may start slowing
Figures from credit bureau Equifax show consumer loan arrears down significantly this year. But what will happen when COVID-19 related support ends?
7th Sep 20, 4:04pm
2
Figures from credit bureau Equifax show consumer loan arrears down significantly this year. But what will happen when COVID-19 related support ends?
Kiwibank chief economist Jarrod Kerr walks through the concept of a negative OCR, what it will mean for borrowers, savers, lenders, the government and the NZ$, and where we might go from there
25th Aug 20, 2:48pm
88
Kiwibank chief economist Jarrod Kerr walks through the concept of a negative OCR, what it will mean for borrowers, savers, lenders, the government and the NZ$, and where we might go from there
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
54
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
ANZ NZ cutting credit card, personal loan and overdraft interest rates from April 1, although some will rise almost all the way back to where they are now in July
27th Mar 20, 2:17pm
15
ANZ NZ cutting credit card, personal loan and overdraft interest rates from April 1, although some will rise almost all the way back to where they are now in July
UBS analysts highlight the wide range of returns on equity across Heartland Group Holdings' stable from reverse mortgages at the top to loans via Harmoney at the bottom
20th Aug 19, 9:31am
1
UBS analysts highlight the wide range of returns on equity across Heartland Group Holdings' stable from reverse mortgages at the top to loans via Harmoney at the bottom
Harmoney hires former FlexiGroup NZ boss David Stevens as its new CEO with capital raise and extension of bank warehouse facility immediate priorities
15th Aug 19, 9:48am
10
Harmoney hires former FlexiGroup NZ boss David Stevens as its new CEO with capital raise and extension of bank warehouse facility immediate priorities
A new type of multipurpose account is launched by Heartland Bank paying interest on credit balances and allowing an overdraft at an interest rate below most credit cards
26th Jun 19, 1:43pm
9
A new type of multipurpose account is launched by Heartland Bank paying interest on credit balances and allowing an overdraft at an interest rate below most credit cards
Strong annual growth in peer to peer lending as value of outstanding loans reaches $489 million and write-offs rise 64% to $13.9 million, FMA figures show
23rd Nov 18, 1:18pm
16
Strong annual growth in peer to peer lending as value of outstanding loans reaches $489 million and write-offs rise 64% to $13.9 million, FMA figures show
Gareth Vaughan conducts a stocktake on just how involved retail investors are in NZ peer-to-peer lending, checking to see if banks are in danger of being disintermediated
9th Aug 18, 5:00am
6
Gareth Vaughan conducts a stocktake on just how involved retail investors are in NZ peer-to-peer lending, checking to see if banks are in danger of being disintermediated
Heartland Bank says it's behind more than 60% of the new Australian reverse mortgage business being written and provides about one-third of Harmoney's funding
21st Feb 18, 11:40am
Heartland Bank says it's behind more than 60% of the new Australian reverse mortgage business being written and provides about one-third of Harmoney's funding