Toronto ACORN


Huffington Post: Borrow $10,000, Owe $35,000: The Face Of Predatory Lending In Canada

New forms of lenders are lining up to benefit from Canada's credit boom, charging high interest rates to the riskiest of borrowers. The shadow lending market is growing faster than it can be regulated, leaving the most indebted Canadians vulnerable to what activists describe as predatory lending practices. Borrower Beware will examine who these borrowers are, why they’re forced to turn to the shadow lending market and how Canada can do better.