Latest fromPersonal Debt

Relief for homeowners: Banks cut mortgage rates in response to OCR move
Banks have moved swiftly to lower lending rates.

Cliff Curtis explains why he's a 'debt-phobe'
Cliff Curtis explains why he's a 'debt-phobe' as he joins the advisory board of Bloxx, the new build-to-own company. Video / Bloxx

Economic challenges still weighing on Kiwi households and businesses
Households continue to face challenges when it comes to credit arrears and repayment.

Why can't we get the kind of long-term mortgages with low break fees common in the US?
Not all countries have the scale and size to make long-term fixes.

Mortgage break fees: Businesswoman shocked at $15k charge to change banks
A reason to watch those rates: changing banks could cost thousands.

Loan wiped after woman 'pressured' into buying car by dealer
The buyer was picked up and driven an hour-and-a-half to Auckland but given no way home.

Are you missing out on secret special interest rates?
Big discounts available to those who know how to get them, brokers say.

El Cheapo Cars in trouble with Commerce Commission
Watchdog says borrowers did not get information about their car loans.

Company insolvencies and liquidations up, 474,000 people now behind on payments
More people falling behind on their mortgage and credit card payments.

Mary Holm: Should I ditch KiwiSaver for term deposits?
OPINION: Financial advice and common sense.

Seven ways to relieve mortgage pressure
There was $1.9 billion of 'non-performing' home loans in April, data shows.

Thousands of first-home buyers have deposits wiped out
More than 80 per cent of first homes bought during the peak are now worth less.

$500 away from serious trouble: Cost of living hurting Kiwis’ ability to save
New pressures displace divorce, unemployment as explanation some cite for money troubles.

More people ‘drowning in debt’ as cost of living crisis bites
While incomes increased last year, they were "cancelled out" by the cost of living crisis.

Personal debt putting rent-to-own homes out of reach
Some families earning $150k still can't get into rent-to-own homes due to soaring debt.

How to kill debt without selling that classic car or treasured artwork - Mary Holm
OPINION: How to balance debt repayment and investment growth in NZ.

When should you pay off the mortgage, and when should you invest?
OPINION: There are advantages and disadvantages regarding this perennial question.

'I did this to myself': How she spiralled into $8400 debt and insolvency
She's speaking out to warn others of the dangers of impulse shopping and ignoring debt.

BNZ cuts some home loan rates after rivals make moves
Less-hawkish tone, property glut part of wider landscape influencing banks.

What you need to know about likely mortgage rule changes
The possibility of debt-to-income ratios being used has worried first home buyers.