Missed debt repayments increased by 8 percent in November - survey
More people are falling behind on personal debt repayments at the same time as demand for retail finance increases.
Source: rnz.co.nz
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Government ponders regulating 'buy now, pay later' lenders
The Government is pondering the future of shopping loans as 8 per cent borrowers miss repayments.
Source: stuff.co.nz
Business defaults in Auckland and Northland reflect lockdown distress -
In October businesses in Auckland, and to a lesser extent Northland, found it harder to pay their bills under lockdown.
Source: stuff.co.nz
KiwiSaver withdrawals on the rise as lockdowns cause financial hardship
Disputes resolution organisation Financial Services Complaints has recorded an increase in complaints from people who have failed to access money on hardship grounds from their KiwiSaver provider.
Source: rnz.co.nz
Businesses in distress: 13 per cent rise in company loan defaults
Auckland restaurater's plight reveals human story behind13 per cent rise in debt defaults.
Source: stuff.co.nz