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Politics
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More protection coming for vulnerable borrowers

Cap interest rates or cap the loan?

Brent Edwards Wed, 10 Apr 2019

The government is promising more resources for the Commerce Commission to crack down on loan sharks.

It seems likely the commission will get extra money in next month’s government budget to help it police tougher rules the government is introducing in the Credit Contracts and Consumer Finance

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Contact the Writer: brent@nbr.co.nz
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More protection coming for vulnerable borrowers
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