Mortgage Lending Laws To Be Relaxed Further
Breaking news! Govt backtracks again on credit crunching CCCFA legislation:
• Narrowing the expenses considered by lenders to more explicitly exclude discretionary expenses;
• Reducing 'double counting' of expenses associated with revolving credit contracts such as credit cards and buy-now pay later schemes, and;
• Helping make debt refinancing or debt consolidation more accessible if appropriate for borrowers.
The proposed changes are in addition to the 7 July CCCFA backtrack.
#adviceHQ #MBIE #beehive #mortgages
Poll: 🗑️ Would you be keen to switch to a fortnightly rubbish collection, or do you prefer things as they are?
Aucklanders, our weekly rubbish collections are staying after councillors voted to scrap a proposed trial of fortnightly pick-ups.
We want to hear from you: would you be keen to switch to a fortnightly rubbish collection, or do you prefer things as they are?
Keen for the details? Read up about the scrapped collection trial here.
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83.6% Same!
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16.4% Would have liked to try something different
Today’s Mind-Bender is the Last of the Year! Can You Guess It Before Everyone Else? 🌟🎁🌲
I dance in the sky with green and gold, a spectacle few are lucky to behold; I’m best seen in the south, a celestial sight—what am I, lighting up the New Zealand night?
Do you think you know the answer? Simply 'Like' this post and we'll post the answer in the comments below at 2pm on the day!
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