This research paper sets out the results to date (April 2019) of the research of the FinCap/Community Law Canterbury/Victoria University/BERL team on interest rate caps. Introducing an interest rate cap was one of the options proposed by MBIE in its June 2018 Discussion Paper “Review...
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...
In 2018, 76 financial capability and budgeting services were surveyed on High cost short term loans, debt collection and other consumer credit issues. This report is a summary of those findings. A collaboration of FinCap, Justice Innovation Centre and Community Law Canterbury, and funded by the...