5 Jun 2018

Loan sharks law change having little effect - budget helpers

From Morning Report, 6:45 am on 5 June 2018

Budgeting services say they haven't seen a drop off in the number of people coming to them for help, even after law changes that came in three years ago to rein in lenders. Adrienne Gallie is a financial mentor at the Howick and Pakuranga Budgeting Service. She told our social issues reporter, Sarah Robson, the responsible lending code, brought in in 2015, isn't working.