Toronto area councillor Kristyn Wong-Tam, having long pushed for much more restrictions on the pay day loan providers, said these firms tend to prey on the absolute most economically vulnerable and you will pitfall him or her inside an effective "vicious cycle" off debt with high rates of interest that make it extremely hard to settle the loan
TORONTO - Canada's premier city 's the newest away from a host of municipalities to crack upon pay check lenders with bylaws to help you demand limitations on their team items and you can rein regarding number of...