Yesterday BC ACORN members from Vancouver, Surrey, New Westminster, Burnaby and Coquitlam rallied in front of a Vancouver Money Mart location, calling on the Province to take immediate action against predatory payday lenders that are bleeding BC's working poor dry.
Fair Fees - Frais équitable
Partnership aims to get Torontonians in low-income neighbourhoods online
ACORN wants the B.C. government to change the legislation regulating the payday loan industry, including reducing the maximum rates charged, currently up to $23 per $100 borrowed.
Association of Community Organizations for Reform Now (ACORN) has taken a lead role in the fight against ‘predatory lenders’.
Anti-poverty groups urge a national law, while regulation now falls to the provinces.
A new survey finds that the vast majority of fast-cash payday loans are a last resort after users rejected by banks.
Web giant bows to advocates who say the lending practice exploits the poor and vulnerable.
Bonnie Barrett talks to the Sheldon MacLeod Show about the NS ACORN action as part of the National Day of Action on Fair Banking.
On Thursday May 5 ACORN Canada and the Canadian Union of Postal Workers came together to call on the Federal government to bring back postal banking and make sure that fair banking is a reality for low and moderate income Canadians. 5 cities across the country held actions to bring attention to the need for a postal bank as an alternative from the predatory lending industry that includes payday lenders, installment loan operators, and more.
A rally protesting payday loans was held in Halifax Thursday morning. The protest was part of a larger event held across the country.