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Does the Minister support the Salvation Army's call for Buy Now Pay Later schemes to be banned for the purchase of alcohol?

Answered Question 12895 (2026)
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Asked by

Arena Williams

Member for Manurewa · Labour Party

Question

  • Does the Minister support the Salvation Army's call for Buy Now Pay Later schemes to be banned for the purchase of alcohol?

Answered by

Cameron Brewer

Member for Upper Harbour · National Party · Minister of Commerce and Consumer Affairs

Answer

Buy Now Pay Later loans are regulated by the Credit Contracts and Consumer Finance Act 2003 (the CCCFA). The CCCFA does not directly control what types of products, such as alcohol, can be purchased on credit.