Rotorua Daily Post: No-interest loan scheme launched in Rotorua

April 10, 2018

Image: Julia Fonotia, community finance worker for the Salvation Army. Photo / Stephen Parker

A new low- and no-interest loan scheme had been launched in Rotorua – and even those with bad credit could be eligible. The Community Finance Partnership scheme provides loans to New Zealanders who don’t meet standard bank criteria, or have exhausted their Work and Income options, aiming to reduce the number of people taking high-interest loans with alternative lenders. Read More