Unsupported levels of high interest debt is a major cause of poverty in New Zealand. Many groups are acting to raise this issue and are working working towards alleviating this both in the cause and at the effect.

Submission to the Select Committee on Credit Contracts Legislation Amendment Bill

Ngā Tāngata Microfinance Trust has made a submission to the Finance and Expenditure Select Committee, on the Credit Contracts Legislation Amendment Bill, June 2019.

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Making borrowing safer

Upcoming changes to the Credit Contracts and Consumer Finance Act 2003 (CCCFA) from MBIE.

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Loan sharks – the time has come

Article by Catriona MacLennan on Newsroom’s website.

‘It’s time to finish the job’ should be the theme for this year’s drive to put loan sharks out of business.

The phrase was used by Commerce and Consumer Affairs Minister Kris Faafoi on June 27 when talking about what changes need to be made.

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Commerce Commission – decrease in the mobile truck businesses

When reporting the biggest fine handed down so far to a mobile truck business the commission commented that of the 32 traders listed in 2015, 18 have closed.

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Newsroom programme on mobile truck businesses

“Get honourable” says Claire Dale, a director of Ngā Tāngata Microfinance to the operators of truck businesses in South Auckland.

Newsroom has done a short piece on the mobile truck businesses, showing the grossly inflated cost of food and other items sold on credit through these truck shops. Many thanks to Kiwibank for raising this practice.

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Child Poverty Monitor 2017

Child Poverty Monitor 2017

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Ngā Tāngata Microfinance Evaluation 2016

External Evaluation 2016: A pathway toward financial inclusion and improved wellbeing.

M.Claire Dale and Erwann Sbai

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Cash to You Loans banned from lending

Commerce Commission media release reporting the closing down of a lender for charging borrowers unreasonable fees and excess interest.

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Supporting Community Well being

In February 2018 we celebrated our 7th year. We were very pleased to have so many friends and colleagues share the cake along with the Minister for Social Development, Hon Carmel Sepuloni. J R McKenzie Trust attended and kindly described the occasion.

The Minister put her speech that she gave at our celebration on her government website.

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Submission to the Consumer Commission

Ngā Tāngata Microfinance Trust has made a submission to the Consumer Commission on Consumer Credit Fees Guidelines.

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