Archive: News & Media

As families decide what food they’ll cut from the grocery shop or what bill they’ll delay this week, Ngā Tāngata Microfinance chief executive Natalie Vincent is seeing marketing ramp up for buy now, pay later schemes, high-cost lending and debt consolidation. Read full article

Natalie Vincent speaks with Simon Day about how easy it can be for people to get into financial difficulty when one crisis puts them into debt, how hard it can be to get out and the importance of building financial capability and wellbeing. Listen here

Natalie Vincent CEO of Ngā Tāngata Microfinance joins Nick Manarangi from Ryze to kōrero microfinance and financial well-being in Aotearoa. Watch interview

CEO of Ngā Tāngata Microfinance Natalie Vincent is worried struggling families are going to end up in unmanageable debt this festive season as they look for ways to afford Christmas after a financially tough year. Read full article

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.

Aotearoa New Zealand is synonymous with terms such as ‘The Paradise of the Pacific’ or ‘The Land of Plenty,’ but more recently, we have witnessed its steady metamorphosis into a land of disparity.

The impact on people facing hardship due to the ongoing lockdown has financial support agencies banding together to drive home the message – spend safely in the lead up to Christmas.

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.