Every day in New Zealand predatory lending leaves people suffering under huge interest rates and penalties.

It’s wrong and the Government is taking steps to fix it with a new law. There’s only one problem. Without an interest rate cap, the law won’t work.

Tell the Government, and the Minister in charge of this legislation, Kris Faafoi to put an interest rate cap on the loan sharks that are hurting our families.

Sign the petition at www.together.org.nz/loansharks

Credit Contracts Legislation Amendment Bill 

The Credit Contracts Legislation Amendment Bill has had its first reading in Parliament.
The Bill has been referred to the Finance and Expenditure Select Committee chaired by Michael Wood MP.
Submissions on the Bill closed on 14 June 2019. 

Documents and Resources

Contact soraiya@fincap.org.nz if you have any questions.