by Elise Vine | Jun 16, 2021 | Blog
The RBNZ today announced that debt serviceability restrictions are being added to the policy toolkit. The RBNZ and the Minister of Finance have agreed to update their shared Memorandum of Understanding on “macroprudential policy”. This is basically the policy that...
by Elise Vine | Jun 9, 2021 | Blog
Long term interest rates are on the rise, so it’s a good time to think about fixing for 5 years while the rates are still good – but only if this actually works for your situation! The main banks had been offering 5 years fixed at 2.99%, but as of February this year...
by Elise Vine | Jun 2, 2021 | Blog
Having debt can be really stressful! The thing is, it happens. Getting on top of it takes a bit of planning. Sometimes we can find ourselves in a situation where we have multiple debts – a few thousand on a credit card, finance for the car you bought a couple of...
by Elise Vine | Jun 1, 2021 | Newsletters
Hi there! May has passed quickly and today is the first official day of winter – can you believe that we are now almost halfway through the year? Here in Canterbury the weather has really let us know that winter is on its way. Evacuations, flooded...
by Elise Vine | May 26, 2021 | Blog
There’s a good chance that you haven’t heard of the Credit Contracts and Consumer Finance Act (CCCFA), but it’s an important one! It’s the Act that protects you when you borrow money or buy products or services on credit. So, if you are using a credit card, getting a...
