Home В» Blog В» Predatory Lending: just how to Identify & Avoid Unfair Loan techniques
Almost 40% of most bankruptcy and consumer proposition filings in Canada are brought on by pay day loans or other as a type of high-cost, predatory financing. A lot more concerning, our normal customer frequently has one or more loan that is high-interest the full time of the filing because they you will need to pay back one loan with another.
Predatory financing involves loans which are high priced and extremely difficult to settle since they have high-interest prices and charges. Read more