Additional Information
Please fill-in the following information before you start your courses:
First Name: Last Name: Organization/Agency your work for: (Please put N/A if you are not working for anyone) City and province: Which of the following financial empowerment services does your organization provide? (Check any that apply): Save
Show inline popup

Fair Financing: Expanding Small-Dollar Short-Term Credit for Albertans
Get it

You need to login or register to bookmark/favorite this content.

This paper examines small-dollar credit alternatives to the current payday-loan product in the province of Alberta. While we recognize that most people have credit requirements from time to time, the unbanked and underbanked who can least afford to do so are forced to obtain credit under the most unfavorable terms. This needs to change. We believe there is a role to be played by all three levels of government, as well as by investors, philanthropists, financial institutions, community-based lenders, employers, social enterprise and, with modification of the current business model, payday lenders.
Author: Ellen M. Dungen, Randy Coutts, Rhiannon MacDonnell
Topic: Consumer protection
Publisher: EMD Consulting Ltd.
Location: Canada
Format: Report
Content Type: Research
Publication Date: March 31, 2016