Effects of the CCCFA on financial services
02.16.2022 - By The New Zealand Initiative
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The controversial Credit Contracts and Consumer Finance Act came into force from 1 December 2021. It has significantly changed how Kiwis gain access to credit.
Ben Craven and Oliver Hartwich discuss the effects of the CCCFA with Lyn McMorran, executive director of the Financial Services Federation, a non-profit organisation representing New Zealand’s responsible non-bank financial institutions.