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NGB Properties Limited
1 Feb 2021 - -
Consumer credit fees
When you lend money, the Credit Contracts and Consumer Finance Act has rules you must follow when setting your fees.
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Buy Now Pay Later
From 2 September 2024, Buy Now Pay Later lenders will need to comply with all the obligations of a lender under the Credit Contracts and Consumer Finance Act 2003 (the Act) and the Credit Contracts and Consumer Finance Regulations 2004 (the
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Scams
Scams target New Zealanders of all ages and backgrounds. They can come in many forms including an email, a letter, a website or a phone call. Whatever the method, a scam is about tricking you into parting with your money and they are becoming
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Lender website review
The Commission has released a report detailing the findings of its review of 215 lenders' websites for compliance with disclosure rules.
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Buy-back transactions
A buy-back transaction is where a homeowner transfers their home (or an interest in their home) to a transferee, who typically pays their debts or gives them money. The former homeowner has the right to continue living in the home and to buy it back
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Now NZ
13 Oct 2022 - -
Consumer issues report
Our Consumer Issues report identifies current issues and emerging risks that have the potential to affect markets or consumers.
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Due diligence duties for directors and senior managers
From 1 December 2021, directors or senior managers of a consumer credit provider and/or mobile trader selling goods on credit need to comply with the due diligence duty.
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Parking
When choosing where to park your car, check to see if there is signage that identifies who owns or operates the car park you are using. You risk being clamped or towed if you use a parking spot you are not legally allowed to use.