Jenee Tibshraeny: NZ Herald Wellington business editor on David Seymour removing regulations for buy now, pay later sector
Heather du Plessis-Allan Drive · Newstalk ZB
September 11, 20244m 4s
Audio is streamed directly from the publisher (pdst.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
The Government has confirmed buy now, pay later providers will be able to charge whatever fees they want going forward.
Cabinet has agreed to remove some consumer protections from the Credit Contracts and Consumer Finance Act (CCCFA) to enable BNPL providers to set late or default fees at whatever levels they wish.
NZ Herald Wellington business editor Jenee Tibshraeny explains what this could mean for Kiwi consumers.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
Topics
businessbuy nowpay laterregulationsDavid SeymourACTdebt