FinCap welcomes the opportunity to comment on the Ministry of Business, Innovation and Employment (MBIE) Draft Credit Contracts and Consumer Finance (Buy Now Pay Later) Amendment Regulations 2022 (Draft Regulations). Loopholes for buy now pay later lenders have been financial mentors’ most regularly noted consumer...
Below is the link to the recent FinCap NZBA Partnership report outlining the ways in which financial mentors and their clients are benefiting from a partnership between FinCap and the New Zealand Banking Association – Te Rangapū Pēke. FinCap Partnership Report 2022...
Information current as at 09/03/23. We will continue to post and share further or updated information as it comes to hand. Kiwiwsaver withdrawal information from TCA: The weather-related natural disaster that impacted the north island North and other regions was/is expected to have a significant in its...
Bell Gully is a leading New Zealand law firm; they are proud to provide pro bono legal advice to ensure FinCap can continue helping Kiwis. This month in their A Helping Hand series they are profiling FinCap. ...
The Credit branch of the Commerce Commission has developed a new guide for borrowers as part of their commitment to helping people make informed choices when borrowing money. A quick guide to borrowing is now available on their website. This guide provides clear and straight-forward information...
Financial mentors and FinCap have been sounding the alarm around harm from Buy Now Pay Later lending in our communities for some time and today Minister Clark announced action to better regulate this lending. We welcome the announcement by Minister Clark that the Government is moving to make...
Last week the leader of the opposition, Hon Christopher Luxon, joined the Pakuranga and Howick Budgeting Service for ‘A Day in the Life’ visit. Mr Luxon was able to observe the incredible skill and value of financial mentors on the ground, and the crucial support they...
From 10th October 2022, FinCap's offices will be located at the following address: Level 4, 276 Lambton Quay, Wellington...
FinCap welcomes the Government’s ongoing support for financial mentoring services in Aotearoa. The commitment to 21 million dollars (see page 144) over the next two years for financial mentors who are currently funded by the Ministry of Social Development means that these leaders in our communities...
What is 'A Day in the Life'? FinCap is running the ‘A Day in the Life’ programme as part of our partnership with New Zealand Bankers’ Association (NZBA). The aim of this project is to provide senior decision-makers in government, the banking sector and other stakeholders with...