Many of you may remember ACORN Canada’s first national campaign: Predatory Payday Lending - the loan sharks that charged exorbitant rates and used deceptive pricing to rip off working families.
When we first started looking into Western Union and other Remittance providers we were struck by the similarities to payday lenders; shady storefront operations, predatory fee structures, and a lack of consumer protection - and we were right, they're just as bad.
Don’t just take it from me, Pascal Apuwa, a leading member from Metro Vancouver who uses Western Union to send money to his family in Nairobi, Kenya, has this to say:
“I send whatever I can afford to my friends and family back home – and for every dollar I send Western Union gets 20 cents. I send $100 dollars to help feed people I love, and this massive company keeps $20. That’s wrong, and they need to lower their charges immediately.”
That’s why we’re calling on Western Union to cap their charges at 5% - the amount recommended by the World Bank. We’re collecting signatures from folks across Canada who support this campaign and if we reach 5,000 we’ll ship them to Western Union CEO Hikmet Ersek’s office in suburban Colorado.