Secured Credit Card

• Forget payday loans, this is Canada’s new generation of high-interest loans

  Anti-poverty advocates say a growing number of low-income Canadians is borrowing through personal loans that are much bigger, and more loosely regulated, than payday loans.

  Money

  Oct 23, 2021
  
• When he lost his income amid COVID-19, Spring Financial gave him a loan but no cash upfront

  "I only increased my monthly expenses without increasing my access to usable capital," says Aaron Bryan.

  Money

  Apr 11, 2020
  
• Advertisement
• Pay $4,300, get $1,750 back after 3 years. One man’s cautionary tale about ‘savings loans’

  Cody O'Day says he never intended to sign up for a so-called "savings loan," which provides no cash upfront.

  Money

  Nov 30, 2019