11 Feb 2019

Crippling high-interest loans used for essential items

From The Panel, 4:09 pm on 11 February 2019

A new study by Community Law Canterbury and budgeting support group FINCAP has revealed that more than a quarter of clients using budgeting services have crippling-high interest loans, with much of the debt used to pay everyday expenses.

FinCap Chief Executive Tim Barnett explains why a tribunal could be help those in dire situations.