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Alberta pay day loans bill gets blended reviews

Alberta pay day loans bill gets blended reviews

‘we are seeing more individuals which can be let go. More individuals will soon be accessing these kinds of loans’

The Alberta federal federal government is clamping straight straight down on pay day loan businesses and their so-called ‘predatory’ methods.

New legislation means Alberta goes from having on the list of interest rates that are highest in the nation, into the cheapest.

At this time, cash advance organizations in the province may charge $23 for every single $100 loan. Read More