High-Interest Installment Loans Putting Canadians in Debt

Source: Erica Alini, globalnews.ca, October 25, 2021 Payday lenders can charge interest rates of up to 500 or 600 per cent. All Kathleen Zane wanted to do was buy a couch. Instead, she says she ended up with $5,850 in debt and a personal loan with an annual interest of 29.99 per cent. “I was… Continue reading High-Interest Installment Loans Putting Canadians in Debt