Loan Sharks
How the crackdown on loan sharks will work
How the government plans to crack down on people who are getting rich from lending to the poor. Audio
How the crackdown on loan sharks will work
How the government plans to crack down on people who are getting rich from lending to the poor.
AudioRate cap for loan sharks
The government is looking to set in legislation a rate cap for loan sharks, FinCap has lobbied for this for a while, spokesperson Soraiya Daud joins the discussion. Audio
Govt toughens up on loan sharks with interest rate cap
The government is toughening up its clampdown on loan sharks - bowing to pressure to slap a cap on interest rates.
The Commerce and Consumer Affairs Minister, Kris Faafoi, has announced that an… Audio
No sprinting through minefields
Making laws is a slow process which can be frustrating but watching it unfold can demonstrate why sprinting through minefields is not recommended. Audio
No sprinting through minefields
Making laws is a slow process which can be frustrating but watching it unfold can demonstrate why sprinting through minefields is not recommended.
AudioCrippling high-interest loans used for essential items
A new study has revealed that more than a quarter of clients using budgeting services have crippling-high interest loans, with much of the debt used to pay everyday expenses. Audio
Debtors: 'Shut down these bloody loan companies'
Porirua residents living in debt say the government has not taken enough action over of loan sharks and truck shops. Audio
Solving the World's Problems - Rebecca Stevenson
Stuff's Business Editor Rebecca Stevenson looks at predatory lenders, following the Government's decision to crack down on loan sharks and truck shops. Audio
Anti-poverty trust welcomes moves against loan sharks
Back now to limiting loan shark interest rates to 100 percent. An anti-poverty trust is welcoming Government moves against loan sharks and is reminding vulnerable people desperate to borrow money they… Audio
Loan shark limit to 'protect' vulnerable customers - Faafoi
New measures have been announced to crack down on loan sharks. A cap has been placed on the total amount of interest and fees high-cost lenders can charge, and possible penalties include fines of up… Audio
Interest rate cap not enough to stop 'debt spiral'
An interest rate cap alone won't work to stop people ending up trapped in a cycle of debt, budget advisers say.
Loan sharks still flout rules - consumer group
A new code to promote responsible lending is starting to have an effect, but a lobby group says its not enough to stop dodgy lenders targeting vulnerable households.
Advocate warns beneficiaries could be going to loan sharks
A beneficiaries advocate warns that beneficiaries could be turning to loan sharks after a decision by Work and Income to cut loans for emergency dental work. Audio
