Thomas Gaillard’s troubles with payday loans began in 2008 when the financial meltdown on Wall Street sent Canada’s economy into deep recession. As tire sales slumped, the Michelin plant in Waterville where Gaillard worked cut its production, and workers took turns staying home for a day each week. Weekend and holiday shifts were also cancelled. […]
Payday loans
Posted inNews + Opinion
Praise and blame for payday loan decision
Payday loan association president praises NSUARB decision to keep rates high in Nova Scotia, while certified credit counsellor criticizes the Board
Posted inNews + Opinion
NS payday loan rates still highest in Canada
UARB to allow payday lenders to continue to charge the highest maximum rates in Canada.
Posted inNews + Opinion
Boom times for NS poverty machine
Figures show payday loan industry booming with record revenues and profits for The Cash Store Inc.