May 13, 2016 – Anna Mehler Paperny, Global News
Nick has loaned people money with the same bills those customers used to repay their delinquent loans moments earlier.
‘They like having people in debt’: Your payday loan stories
Cheque-cashing
Alberta slashes payday loan fees to lowest in Canada
May 12, 2016 – Anna Mehler Paperny, Global News
Alberta is reducing the maximum amount payday lenders can charge to the lowest in Canada and requiring these companies to give borrowers more time to pay back the money they owe.
‘We are loan sharks’: Why this woman’s leaving the payday loan business
May 11, 2016 – Anna Mehler Paperny, Global News
You don’t ask people how much they want to borrow: You tell them how much you’re lending them.
Chequed out: Inside the payday loan cycle
Feb. 11, 2015 – Anna Mehler Paperny and Patrick Cain, Global News
Jillane Mignon just needed cash to pay for day care.
Her job with the City of Winnipeg’s 311 program covered the bills, but not the $1,000 a month it cost to care for her son while she was at work.
“When there are [child care] subsidies, there are no spaces. When there are spaces, there’s no subsidy.”
So it started with a small loan from a payday lender. That took care of that month.
a business of misfits 