Submission on self-reporting for lenders

  • Jun 30, 2024

  • Written by:

  • 1 min read

  • 63 words

FinCap says the Commerce Commission should have timely visibility of lending issues which can cause significant harm to the wellbeing of borrowers.

FinCap supports guidance for lenders to self-report potential or clear breaches of the Credit Contracts and Consumer Finance Act (CCCFA) or other relevant consumer laws.

FinCap has submitted on the Self-reporting Guidance for Lenders – consultation draft.

Read the submission here.

Recent Posts

Calculating the risk of co-signing a loan


Submission on financial dispute resolution scheme rules


Want or need? Tamariki know the difference

Paying for holiday, the power bill, food, a visit to the hairdresser, fuel or a... more