payday lenders

How new laws are pushing predatory loan sharks closer to extinction

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Amid fears of growing financial hardship throughout New Zealand, a comprehensive campaign against high-interest lenders looks to be gaining new ground. Payday lenders, trucks shops, loan sharks: the names alone are enough to conjure up grim images of shady operators and hustlers lurking in dark spaces to prey on the financially vulnerable. While the reality … Read more

The man behind the rogue National ad is fighting predatory lending controls

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In the same week as Steve Brooks placed an unorthodox election ad for National his fringe lending business has called for looser restrictions on its activities. The businessman behind a bizarre unauthorised ad for the National Party runs a payday lending operation that has opposed government efforts to limit the amount vulnerable borrowers must pay. … Read more