Compliance with regulations and laws

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   In this document Cashburst (the provider of loans through this website) is referred to as Cashburst, us or we.

We are a Registered Financial Services Provider

We are a Registered Financial Service Provider no. FSP46121.
We support the New Zealand Government requirement for Financial Service Providers to register with the Ministry of Economic Development in order to conduct business in New Zealand.

 

Compliant with all applicable legislation

In addition to our requirements to register as a Financial Service Provider under the Financial Service Providers (Registration and Dispute Resolution) Act 2008, Cash Burst and our activities in providing financial services, is also governed by several other pieces of legislation including by way of examples: The Companies Act 1993; The Fair Trading Act; The Privacy Act 1993; The Unsolicited Electronic Messages Act 2007; The Anti-Money Laundering and Countering Financing of Terrorism Act 2009 and The Credit Contracts and Consumer Finance Act 2003. We are committed to ensuring we act as a good corporate citizen in full compliance with all applicable laws and regulations.

Cashburst fully supports legislation clamping down on unscrupulous lenders.

Payday loans provide a valuable source of relatively hassle free, fast, personal funding.

Unfortunately some lenders remain unregistered and operate outside or on the fringes of the law without following industry standards of responsible lending. Cashburst supports recent legislation to remove these lenders, improve disclosure and allow greater competition for the benefit of the consumer.