Topic: Consumer protection
Publisher: FCAC - Financial Consumer Agency of Canada
Content Type: Miscellaneous
Publication Date: February 29, 2016
If you’re short on cash, a payday loan may seem like a quick way to get money, but there is a high cost. Fees on payday loans are generally much higher than those on other forms of credit, and they will take a big bite out of your budget. Make sure you have all the facts about a payday loan by asking the following questions.