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FinCap - Latest News [Page 2]
FinCap welcomes recommendation on Kiwisaver
Wednesday, 29 January 2020, 8:16 am | FinCap
FinCap, which supports the nation’s 200 local financial capability and budgeting services, has warmly welcomed the Retirement Policy Review’s recommendation #10 to "establish a centralised financial capability hub for Kiwisaver hardship ... More >>
Govt’s own data shows low income driving more benefits
Thursday, 9 January 2020, 10:26 am | FinCap
(Headline abbreviated, original headline: Govt’s own data shows low income, not poor spending choices, is driving need for increased benefits) More >>
FinCap welcomes increased protections for consumers
Tuesday, 12 November 2019, 3:33 pm | FinCap
Parliament’s Finance and Expenditure Committee has made key amendments to the Credit Contracts Legislation Amendment Bill, giving borrowers more protection from harmful high cost consumer credit contracts. The changes indicate that the Select Committee ... More >>
FinCap welcomes move to reduce energy hardship
Thursday, 3 October 2019, 12:11 pm | FinCap
FinCap welcomes the Government’s response to the Final Report of the Electricity Price Review process as a "good first step". FinCap supports 200 local financial capability and budgeting services across New Zealand. Collectively these services ... More >>
Interest rate cap welcomed by FinCap
Tuesday, 3 September 2019, 12:19 pm | FinCap
FinCap welcomes the Government’s and Minister of Commerce Kris Faafoi's move to introduce an interest rate cap into the Consumer Credit Legislation Amendment Bill (to amend the Credit Contracts and Consumer Finance Act) and to encourage more borrowers ... More >>
Financial services and community join forces
Wednesday, 21 August 2019, 9:16 am | FinCap
The Financial Services Federation (FSF) - the voice of responsible lenders and leasing companies - and FinCap - working with consumers facing financial hardship - are signing a Memorandum of Understanding (MoU) this Thursday 22 August in Auckland. It will ... More >>
New Kiwi research questions Government’s loan shark decision
Friday, 14 June 2019, 8:35 am | FinCap
The Government's decision to not cap the interest rate loan sharks can charge is under further scrutiny following the release of a new report. More >>
Iwi leaders join coalition for loan shark reform
Wednesday, 8 May 2019, 7:34 pm | FinCap
Iwi leaders join coalition for loan shark reform as BERL report shows Government’s answer is too weak -- More >>
FinCap welcomes the recommendations in Welfare report
Friday, 3 May 2019, 2:05 pm | FinCap
FinCap welcomes the recommendations of the Welfare Expert Advisory Group in their report "Whakamana Tangata - restoring to social security in New Zealand". More >>
Coalition forms to fix Govt’s broken loanshark Bill
Tuesday, 30 April 2019, 9:26 am | FinCap
Hi all - we were planning to release on the Government’s new loan shark legislation - the Credit Contracts Legislation Amendment Bill which is having its first reading today and we thought we’d invite other organisations to join us. More >>
Proposed Law Gives Loan Sharks Free Pass From Government
Monday, 8 April 2019, 8:41 am | FinCap
The Government’s proposed law to "crack down" on predatory lending - the Credit Contracts and Consumer Finance Amendment Bill - will give loan sharks a free pass in its current form say budgeting services. More >>
FinCap welcomes Electricity Price Review Options paper
Wednesday, 20 February 2019, 9:41 am | FinCap
FinCap welcomes the priority given in the Electricity Price Review Options Paper to price affordability, a loud consumer voice and a focus on hardship, and urges that support is given to those issues in the final report. More >>
Big changes needed to protect consumers
Sunday, 10 February 2019, 6:18 pm | FinCap
Big changes needed to protect consumers from high cost loans and debt collection practices More >>
FinCap welcome the findings of the Bank Conduct Review
Monday, 5 November 2018, 2:57 pm | FinCap
FinCap, working with New Zealand’s 200 free budgeting services, warmly supports the recommendation that banks need to urgently improve oversight, controls and processes; and the need for banks to champion business models that focus on consumer interests. ... More >>
Wild West to Be Tamed
Wednesday, 10 October 2018, 10:21 am | FinCap
FinCap welcomes the Government’s announcement of stricter controls over loan companies and debt collectors. The charity works with New Zealand’s 200 free budget services and the 60,000 people who use their services each year, and has helped over half ... More >>
A new national voice for people in financial hardship
Monday, 1 October 2018, 1:59 pm | FinCap
A new national voice for people in financial hardship Today a refreshed and revitalised national voice of New Zealand’s 200 financial capability and budgeting services, called FinCap , is launched. Every year, 60,000 Kiwis facing financial hardship visit ... More >>
