Archive: News & Media
After a tough 2021, buy now, pay later is a tempting option. But for low-income New Zealanders, the new form of credit poses big risks.
Consumer Affairs Minister David Clark is refusing to release a draft code of conduct created by the buy now, pay later finance industry.
In New Zealand, Canada, Australia and the United Kingdom, Friday is Economic Harm Awareness Day.
A non-profit community lender is concerned at the impact of buy now pay later (BNPL) services. Ngā Tāngata Microfinance (NTM) say it’s getting so hard for the low-income people that they’re getting loans to pay their BNPL accounts.