Payday Loan Bills | Pass in British Columbia, Fail in Arizona
British Columbia bill caps interest rates
Starting this fall, interest rates that can be charged on payday loans in British Columbia will be capped at 23 percent.
Unlike most legislation in the United States, the British Columbia law doesn’t cap the annual interest rate; it caps the interest that can be charged [...]
Lawmakers, Church Groups Seek to Regulate Payday Loans
British Columbia pushes for reform
It seems the United States isn’t the only country whose lawmakers are pushing for payday loan legislation. Regulators is British Columbia, Canada, are also seeking to put a cap on interest rates on payday loans.
Lower interest caps
The regulations sought in British Columbia are even more stringent [...]
Who Uses Payday Loans – A Canadian Perspective (British Columbia)
If you’ll recall, last time we reviewed Pollara’s demographic study of payday loans use in Manitoba. Continuing our look at the demographics of those who use payday loans, let’s focus on a study conducted by Pollara that studied the demographic data for British Columbia. The survey group is 400 customers. [...]
Advertising Network
Loan Modification
Free E-Book
Free eBook
Terms of Use Privacy Policy Contact Us
Copyright © 2009 by Personal Money Store "Article republication is authorized as long as all content links are unaltered".
