BNPL
'Paycheque to paycheque' - A quarter of New Zealanders can't cover a $500 shock, Kiwibank savings survey suggests
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'Paycheque to paycheque' - A quarter of New Zealanders can't cover a $500 shock, Kiwibank savings survey suggests
Credit bureau Centrix says over 134,000 homeowners now have mortgages exceeding $1 million
Credit bureau Centrix says over 134,000 homeowners now have mortgages exceeding $1 million
The country's biggest bank, ANZ, reports that the very cyclical 'durables' spending is showing the largest overall annual rate of growth
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The country's biggest bank, ANZ, reports that the very cyclical 'durables' spending is showing the largest overall annual rate of growth
Credit bureau Centrix says there are 'cautiously optimistic' signs of a recovery, with improvement in credit demand, arrears, and business defaults
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Credit bureau Centrix says there are 'cautiously optimistic' signs of a recovery, with improvement in credit demand, arrears, and business defaults
Centrix says 478,000 people behind on payments this June quarter, hospitality sector one of the most vulnerable industries in current economic climate
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Centrix says 478,000 people behind on payments this June quarter, hospitality sector one of the most vulnerable industries in current economic climate
The country's largest bank says overall spending is probably flat in the past year after inflation, but it is starting to recover, slowly
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The country's largest bank says overall spending is probably flat in the past year after inflation, but it is starting to recover, slowly
Credit bureau Centrix says 23,700 home loans are past due, a 6% year-on-year increase
Mastercard, Visa scheme fees in Commerce Commission's sights, as it questions whether lower interchange fees will impact fraud fight
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Mastercard, Visa scheme fees in Commerce Commission's sights, as it questions whether lower interchange fees will impact fraud fight
[updated]
Buy now, pay later the most common first-time path to credit/debt
The country's largest bank says the types of spending most sensitive to interest rates are experiencing the largest falls
The country's largest bank says the types of spending most sensitive to interest rates are experiencing the largest falls
[updated]
Gareth Vaughan questions whether the fintech buy now, pay later sector deserves the special treatment it's getting from the Government
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Gareth Vaughan questions whether the fintech buy now, pay later sector deserves the special treatment it's getting from the Government
Government exempts buy now pay later providers from complying with CCCFA default fee provisions to help keep them in business
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Government exempts buy now pay later providers from complying with CCCFA default fee provisions to help keep them in business
Centrix says company liquidations are continuing to rise with the manufacturing sector most affected over the past year
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Centrix says company liquidations are continuing to rise with the manufacturing sector most affected over the past year
[updated]
After a false start, Swedish BNPL giant Klarna buys Laybuy which will be resurrected
After a false start, Swedish BNPL giant Klarna buys Laybuy which will be resurrected
[updated]
Employees of failed BNPL lender Laybuy may miss out on money owed and holiday pay, despite being preferential creditors
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Employees of failed BNPL lender Laybuy may miss out on money owed and holiday pay, despite being preferential creditors