COVID-19 Puts Families at Greater Risk of Debt Traps
Increased stress and hardship await families if the Coalition Government does not address the needs of those on low incomes, according to Ngā Tāngata ...
CPAG and Ngā Tāngata Microfinance Join Call For Debt Forgiveness
CPAG and Ngā Tāngata Microfinance endorse the Salvation Army’s call for tougher regulations on debt collectors and mechanisms to provide forgiveness ...
Interest Rate Cap a Momentous Change – Timed Well With Money Week Ahead
CPAG and Ngā Tāngata Microfinance jointly welcome the extra consumer protections added to the Credit Contracts and Consumer Finance Act 2003.
CPAG Submits on Consumer Credit Legislation, Calls for Interest Rate Cap
Child Poverty Action Group fears new legislation won’t go far enough to protect vulnerable families from loan sharks.
Cap on Interest Rates Vital to Protect Vulnerable New Zealanders
Poor families and their children will continue to be the prey of loan sharks until the Government provides adequate consumer protection.
CPAG Calls for an Inquiry to Review the Debts of MSD Current and Former Clients
"It makes no sense to recover housing grants from people who simply are unable to afford to house themselves.”
Loan Shark Net Tightens, but Holes Still Remain
New measures announced by Minister for Commerce and Consumer Affairs Kris Faafoi, that will strengthen the net of protection for vulnerable consumers.
A Safe Harbour in Life’s Financial Storms - Ngā Tangata Microfinance
With loan capital provided by Kiwibank, and partnering with Budgeting Services, Ngā Tangata Microfinance provides no fees, no interest loans to ...
Ngā Tangata Microfinance: At Last! Safer Consumer Credit May Be Coming Soon to Aotearoa
In Aotearoa, where it is legal to charge 500% interest, and then charge administration fees on top of that, having a low income and borrowing money ...
CPAG Calls for a Legal Limit on the Total Cost of Credit - CCCFA Review
"Child poverty will not be solved until there is a safe, ethical credit environment for low-income consumers in Aotearoa."
CPAG Calls for an Independent Review of All Benefit Debts
“New Zealanders would not want hundreds of thousands of dollars spent pursuing low-income parents living honestly while Government Ministries try to ...
High Court Rules Loans Are Not Income for Welfare Beneficiaries
Families in Aotearoa-New Zealand need a system that provides compassion and understanding when they are faced with their greatest need.
MSD Is Treating Loans as Income in the Courts
In finding loans as declarable income, it further reduces the ability of low-income families to support their children.