7 Jun 2018

Debt in NZ: Laws, loan sharks, limiting borrowing

From Morning Report, 7:41 am on 7 June 2018

Tighter regulations could be in store for debt collectors, amid concerns about the treatment of people they're chasing for money.

Budgeting services are worried about behaviour that they say borders on harassment, and the fees collection companies continue to add on to debts.

RNZ social issues reporter Sarah Robson presents a series of stories looking at the lack of regulation around debt collectors, concerns about loan sharks from budget advisers, and what the government is going to do about it.