The Minister of Consumer Affairs hosted a Financial Summit for credit providers and community agencies on Thursday 11 August 2011.
The Minister of Consumer Affairs hosted a Financial Summit on Thursday 11 August in Auckland. The Summit was attended by around 250 representatives of consumers, financial service providers, academia, dispute resolution services and industry associations.
The topics discussed included:
- Attitude changing/financial literacy
- Credit advertising
- Access to affordable credit/social and community lending
- Responsible lending
- Dealing with those in financial hardship (budget advice, hardship and payment protection)
- Responsible debt management (repossession insurance and credit card issues
- Dispute resolution
Closing remarks and summary
Closing remarks from Hon Simon Power, Minister of Consumer Affairs