Author: fincap2

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FinCap welcomes the opportunity to comment on the Updated draft Responsible Lending Code 2020 (the revised code). Financial Mentors across Aotearoa New Zealand regularly see the harm caused by irresponsible lending of unaffordable loans or lenders not offering appropriate and realistic assistance where borrowers have difficulty...

Lending is an essential part of a functioning economy, but some loans do more harm than good. The New Zealand market for credit has changed over the past decade. While the banking sector has grown, the non-bank sector has become increasingly populated with third-tier lenders, offering...

New Zealanders worried about money due to the effects of COVID-19 are urged to seek guidance through official government services Sorted and MoneyTalks. The Sorted website is run by CFFC, headed by Retirement Commissioner Jane Wrightson, and MoneyTalksis run by the FinCap, the umbrella body for financial capability and...