Pacific & Maori : Crack down on 'Loan Sharks'

Maori, Pacific and low income New Zealanders are targeted by loan sharks charging them with interest rates of up to 400% per annum a research says. “Loan sharks target and thrive in low income communities because consumers are borrowing for everyday needs,” says lead researcher Associate Professor Louise Signal. “The consequences of borrowing from these…


There’s More To This Article


But you don’t have full access to read it. Subscribe now to unlock it and more…


See Offers
Already have an account?
Sign in