New Zealand missed a good opportunity to net the worst loan sharks this week, when National and ACT voted down Labour MP Carol Beaumont’s bill to cap the interest rates of loan sharks who exploit borrowers.
Carol Beaumont’s bill, supported by Finsec, was voted down 63 votes to 59 after a ferocious debate.
Carol Beaumont says the issue is so important that she is going to work with community groups and keep campaigning on it, and is also looking a the option of a select committee inquiry. Finsec will continue to support any moves to net the exploitative loan sharks!
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Some were practical, of course, but others were psychological and emotional.
Local country clubs are offering trivia fun for as little as forty dollars
per couple. The Bull’s Head Pub, Bangkok.