Hon Dr DAVID CLARK: This morning, I heard from Sariah at the Newtown Budgeting and Advocacy Service, which sees hundreds of people each year in financial hardship due to unaffordable loans, and I heard some of the stories. During the consultation, in fact, previously we heard about many New Zealanders struggling with unaffordable loans, including the superannuitant who had got herself into debt through needing repairs to her car for her warrant of fitness. She'd taken out a loan with a private loan agency with a 26 percent interest rate. We also heard about a client who applied for a $1,000 consolidation loan but got offered $10,000, which he took, and he is now struggling to meet repayments. These new rules are about ensuring that situations like these are prevented from the start. It's about having the right safeguards in place before Kiwis take out loans they cannot afford.