Payday loan lending rates in Alberta lowest in Canada under new law

Posted August 3, 2016

ACORN Canada members are pleased to see rate caps lowered to $15 on $100 payday loans in Alberta. We need to keep the pressure up on the rest of the Canadian provinces to follow this trend! We need lower rates, and real alternatives, its time for fair banking!
Members in Ontario, BC and Nova Scotia are waiting to see if their provincial governments will show any leadership; especially during the upcoming provincial elections in BC and likely Nova Scotia. Let's keep the pressure on for fair banking!