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Come February, Nova Scotians is going to be paying somewhat less for payday advances however a Halifax attorney states the province has to address why more and more people are according to them.
“The information that we’re receiving from all of these loan providers indicates that people are taking these loans call at succession since they have space between their requirements and their earnings,” said David Roberts. “What we’re seeing is incremental change in the lack of a poverty reduction strategy by the province also it’s an improvement of that which we have finally.”
The Nova Scotia Utility and Review Board paid down the maximum cost of payday loan borrowing to $19 per $100 loaned, from $22 per $100. Fortsätt läsa ”Lawyer claims paid down Payday loan costs no replacement anti-poverty strategy”