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19 January 2022

The Financial Services Federation (FSF), the industry body for responsible non-bank lenders, has written an open letter to Commerce and Consumer Affairs Minister David Clark and officials outlining specifically what it believes needs to be done, and a desire to work together to get it right.

16 November 2021

Changes to consumer lending law to help people avoid unaffordable debt mean it may take longer to get a loan from 1 December. Information to help consumers prepare for the changes has been welcomed by financial mentors and lenders.

28 September 2021

New data has revealed that Kiwis are embracing choice when it comes to financial services, with almost half of personal consumer lending in Aotearoa New Zealand being financed by non-bank lenders.

1 April 2021

NZ businesses will be better off with the extension of the Government-backed loan scheme designed to help small and medium enterprises access credit for cashflow, capital assets, and in their COVID-19 recovery efforts.

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FSF in the News

1 April 2021

Autofile magazine, August edition 2021

Looming regulations to slow down loan deals on cars

Dealers and finance providers are preparing for law changes that come into force on October 1. They are expected to make the loan process longer, which is likely to impact sales and increase the cost for people seeking credit to help buy cars. Autofile talks to the experts...

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1 April 2021 June 18 2021

'Too easy' for crooks says man whose identity was stolen to open a buy now, pay later loan account

Lyn McMorran, executive director of the FSF, says identity fraud is a cost to lenders. It has been asking NZTA for controlled access to its database of driver's licence photos to develop systems to help mitigate fraud.

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1 April 2021

NZ Initiative 16 June 2021

Podcast: The practical problems of the Government's Feebate Scheme

The practicalities of the Government's new 'feebate' scheme are still unclear, as the Financial Services Federation's Lyn McMorran explains in a conversation with Eric Crampton, Matt Burgess and Oliver Hartwich.

Listen here

1 April 2021,23 May, 2021

Household debts climb despite Covid-era credit card 'conservativism'

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