But Nanny State Leanings Make it All Ridiculous
When it comes to short-term consumer lending, few products are as quick and convenient as a payday loan. The bulk of payday loan companies in Canada operate within the bounds of established governmental guidelines into order to provide consumers with a safe, affordable [...]
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 [...]
Bill calls for interest rate cap
Following the introduction of a bill involving payday loans in Utah, an editorial in the Deseret News discusses the topic. The bill seeks to put a 100 percent annual interest rate cap on payday loans. Here are some snippets from the commentary piece.
Not big fans
The [...]