Articles tagged with 'CCCFA'
CCCFA changes finally revealed
9 June 2022 - Preliminary changes to the Credit Contracts and Consumer Finance Act (CCCFA) have been unveiled
Changes to CCCFA finally revealed
6 April 2022 - A draft version of proposed changes to the Credit Contracts and Consumer Finance Act (CCCFA) has just been released by the Ministry of Business Innovation and Employment (MBIE).
MBIE gives timeline for CCCFA reforms
25 March 2022 - The next stage in the reform of the Credit Contracts and Consumer Finance Act (CCCFA) Regulations and the Responsible Lending Code will be made public early next month.
Tweaking CCCFA changes won’t rescue housing market from price falls
18 March 2022 - There are bigger forces at play than just the Credit Contracts and Consumer Finance Act (CCCFA), such as rapidly rising inflation here and abroad when it comes to the housing market, says Jeremy Couchman, Kiwibank’s senior economist.
CCCFA changes need to go further – Bankers Association
14 March 2022 - The Bankers Association welcomes changes announced last week to the Credit Contracts and Consumer Finance Act (CCCFA) but says they do not go far enough.
Mortgage advisers welcome CCCFA reform, but more detail needed
11 March 2022 - Brokers are welcoming changes just announced to the Credit Contracts and Consumer Finance Act (CCCFA).
A win for borrowers; CCCFA changes won
11 March 2022 - Cabinet agrees to CCCFA reform.
CCCFA hitting the wrong target
3 March 2022 - New data shows the Credit Contracts and Consumer Finance Act (CCCFA) has actually harmed financially sound borrowers the most. [Read On] ...
Solid borrowers, not the vulnerable, hurt most by CCCFA – report
3 March 2022 - New data shows the Credit Contracts and Consumer Finance Act (CCCFA) has actually harmed financially sound borrowers the most.
CCCFA enquiry inches forward
15 February 2022 - The team looking into the Credit Contracts and Consumer Finance Act (CCCFA) say they expect to have completed a draft report completed this week as scheduled.
Bank chief lays out CCCFA changes that are needed
10 February 2022 - ASB chief executive Vittoria Shortt details how the CCCFA laws should be changed.
CCCFA terms released; Bank bosses summoned to Beehive
31 January 2022 - The government has approved Terms of Reference for an enquiry into the Credit Contracts and Consumer Finance Act (CCCFA), after earlier suggesting they would not be necessary.
CCCFA enquiry might have terms of reference afterall
26 January 2022 - The enquiry into the Credit Contracts and Consumer Finance Act (CCCFA) might have terms of reference after all.
Mortgage advisers closely watching CCCFA enquiry
18 January 2022 - Mortgage advisers are pleased the Government has requested an enquiry into the Credit Contracts and Consumer Finance Act (CCCFA) but insist it must be robust and look closely at the wording and intent of the Act itself.
Minister orders enquiry into CCCFA
14 January 2022 - Minister of Commerce and Consumer Affairs David Clark has acknowledged concerns with the CCCFA and ordered an enquiry.
CCCFA “not understood” by politicians
10 January 2022 - The ACT Party believes the Credit Contracts and Consumer Finance Act (CCCFA) was not properly understood when it went through parliament and is now asking for a review.
Industry wants minister's ear over CCCFA
23 December 2021 - Financial Advice New Zealand is seeking an urgent meeting with the Minister of Commerce and Consumer Affairs as the impact of the CCCFA continues to snowball.
Petition launched against CCCFA
15 December 2021 - Squirrel boss John Bolton is getting good support for his petition to change the controversial Credit Contracts and Consumer Finance Act (CCCFA).
Robertson defends CCCFA changes
6 December 2021 - The Minister of Finance has mounted a defence of the Credit Contracts and Consumer Finance Act (CCCFA).
Banks need to make CCCFA easy for advisers: Gough
23 November 2021 - Banks, finance companies and mortgage advisers are gritting their teeth and bracing for mountains of paperwork as the (not so) brave new world of credit legislation starts next week.
Calls for responsible lending qualifications for advisers
14 November 2021 - The Financial Services Federation (FSF) says it is trying hard to overcome shortages of staff in its sector.
CCCFA an opportunity for advisers
21 September 2021 - Mortgage advisers will benefit from CCCFA lending changes as borrowers seek help with complex home loan applications, according to Squirrel's John Bolton.
Borrowers abandon one year rates
21 September 2021 - Borrowers are less likely to pick one-year fixed mortgages ahead of expected rate increases, with three-year deals becoming more popular, according to a new survey.
CCCFA changes delayed
10 September 2021 - The Government has agreed to delay the start of the Credit Contracts Legislation Amendment act after pressure from the industry.
Death by 10,000 paper cuts
7 September 2021 - The advice industry is undergoing much change, and you could be forgiven if you hadn't noticed what's happening to our brethren - mortgage advisers.
CCCFA changes: What advisers need to know
27 August 2021 - Changes to the Credit Contracts and Consumer Finance Act are set to impact borrowers from October 1. Here's what the amended lending rules will mean for clients.