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for pay day loan borrowers by capping rates of interest and costs on defaulted loans.
вЂњItвЂ™s the first rung on the ladder,вЂќ North Bay deputy mayor Tanya Vrebosch states, noting the maximum rates of interest charged by the businesses are вЂњvery costly, as near up to a loan shark as you possibly can get.вЂќ
The modifications are within the COVID-19 Economic Recovery Act, 2020, tabled by the Doug Ford federal government. Read More …