Stuff: Forget about messing around with interest rate caps lets just get rid of payday lenders

September 3, 2019

In light of the announcement from the Minster for Commerce, Hon. Kris Faafoi, that Government plans to introduce interest rate caps as part of its raft of changes to the high cost lending sector, Susan Edmunds asks why we need high cost lending at all, and discusses the importance of alternatives, such as Good Shepherd NZ’s community finance loans. Read more


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