Tag Archives: lending changes

Changes in the financial industry have happened, want to know how they could impact you and what to do to put yourself in the best position to purchase a home?

The Credit Contracts and Consumer Finance Act 2003 (CCCFA), which governs banks, finance companies and lenders in New Zealand, has been significantly updated. There are now new requirements which come into effect on the 1st of December this year. All lenders are making the changes now so they can be ready for 1 December. Lenders…
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