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Difference between revisions of "Payday Loans"
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An exception to the criminal rate of interest laws in Canada, '''payday loans''' are short-term, high-interest loans for $1,500 or less. | An exception to the criminal rate of interest laws in Canada, '''payday loans''' are short-term, high-interest loans for $1,500 or less. | ||
== Client problems== | == Client problems== | ||
* Client has taken out a payday loan and wants to know their rights. | *Client has taken out a payday loan and wants to know their rights. | ||
* | *Client wants to cancel a payday loan. | ||
== Summary of the law == | == Summary of the law == | ||