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Affordit NZ - Latest News [Page 1]
CCCFA Rule Change Will Re-expose Affordability Crisis
Friday, 18 March 2022, 9:53 am | Affordit NZ
Despite the recent amendments, the frustrations experienced by borrowers and lenders around the Credit Contracts and Consumer Finance Act’s (CCCFA) new affordability rules reported in the media, is not due to poor legislation, but instead banking ... More >>
New Lending Rules Create Desperate Conditions For Borrowers This Christmas
Thursday, 16 December 2021, 1:00 pm | Affordit NZ
A higher number of family, friends and employers are likely to be 'hit up' for loans this Christmas as more Kiwis suddenly find their access to finance blocked by the new credit rules. Pressure will be put on employers for advances on pay, and on family ... More >>
