When compared to the size of our economy, New Zealand’s household debt level is one of the highest in the developed world.
19 Dec 17
Not all debt is equal; there is good debt and bad debt. If you are a debtor, debt is good if it will help you accumulate wealth in the future.
11 Nov 17
It’s easy to collect credit cards and buy on hire purchase. But along the way, you could find you have collected a whole mountain of debt.
25 Oct 17
Your credit record may be more important than you think. Information about your history regarding credit, debt, and repayment is being updated all the time and could have a big impact on you.
21 Jun 17
The highest percentage of credit card accounts that come past due occurs in the months after Christmas – 7.6 percent of Kiwis pay their credit card bills late.
30 May 17
The average student loan balance is close to $21,000. Almost 731,800 people have a student loan. In the year to June 2016, 40,695 borrowers repaid their loans in full.
23 May 17
Outsourcing the costs of recovering legal aid debt has left the Ministry of Justice nearly $175,000 out of pocket
24 Sep 16
You might think it’s just a forgotten library book, but with debt collectors visiting more than 300 Wellingtonians last year for outstanding library fines, that overdue book could put a mark on your credit history.
26 Jun 16
When you’re deep in debt, it’s not easy to climb your way out.
27 May 16
Warnings are being issued to consumers to watch for persistent scammers who attempt to collect debts that don’t even exist.
23 May 16
Times are tough for many and there’s little evidence that anything will change soon.
27 Apr 16
Debt collection software is a powerful tool that can make life easier for businesses of all sizes and at an affordable price.
26 Apr 16
If you don’t pay a debt, the person you owe money to (the creditor) may negotiate with you about the debt or they can take you to court.
20 Apr 16