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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

Another crackdown on loan sharks pledged by minister

The 2015 law to rein in loan sharks has failed. Watch Grant Walker's interview with Kris Faafoi.

Brent Edwards
Fri, 23 Mar 2018

The commerce and consumers affairs minister has promised another crackdown on loan sharks after the reforms of 2015 failed to rein them in.

Kris Faafoi says research has confirmed predatory lending practices, in which firms are charging exorbitant interest rates and fees, are still making life

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Brent Edwards
Fri, 23 Mar 2018
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Another crackdown on loan sharks pledged by minister
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