Nick has loaned people money with the same bills those customers used to repay their delinquent loans moments earlier.
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.