Re: Payday lenders down 25% under new law (Calgary Herald)

in Get Involved, Money Management

3D Shackled Loans. Image by ccPixs.com. Used under Creative Commons License https://creativecommons.org/licenses/by/2.0/legalcode

There is no doubt that new rules have significantly changed the payday loan industry in Alberta. The changes have increased the importance of alternative options for short-term credit, such as products now offered by ATB and First Calgary Financial. However, it is incorrect to assume that the supply of credit...