This is a widget area

If you go to "Appearance" in your WP-Admin you can change the content of this text in "Widgets", or you can remove this box completely under "Theme Options"

Interest Caps.What the national  federal  government did

Interest Caps.What the national federal government did

Both Alberta and Ontario made significant reductions to the attention prices between 2015 and 2018. The absolute most significant modification to payday financing laws in Ontario happens to be a lowering of the attention price that payday loan providers are permitted to charge. 2 This fall ended up being substantial, going from $21 per $100 borrowed (in 2015) to $15 per $100 (in 2018). 3 Expressed as a percentage that is annual, what this means is a fall from 766.5 % APR to a different price of 547.5 percent APR. Like Ontario, Alberta’s rate of interest limit dropped to $15 for a $100 buck loan; nevertheless, unlike Ontario, which lowered from $21 per $100, Alberta lowered from $23 per $100. (more…)