High-interest lending takes off during COVID-19 pandemic
Videos
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High-interest lending takes off during COVID-19 pandemic
02:30 | October 23, 2021
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‘$50B orgy of spending’: Poilievre mocks Trudeau for latest federal budget
04:53 | April 17, 2024
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3 key takeaways from the 2024 federal budget
03:07 | April 17, 2024
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Your Money: Breaking down the 2024 federal budget
05:30 | April 17, 2024
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Budget 2024 introduces capital gains tax changes that will impact 0.13 per cent of Canadians
03:28 | April 16, 2024
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Business Matters: Canada’s inflation rate ticked up in March amid higher gas prices
01:59 | April 16, 2024
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2024 budget expected to make wealthy Canadians pay more taxes
01:56 | April 15, 2024
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ABC’s of money management: Instilling financial literacy in your kids
05:22 | April 15, 2024
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How to protect, improve credit scores amid high cost of living pressures
01:49 | April 13, 2024
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Your Money
05:48 | April 12, 2024
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Why do Millennials and Gen Xers prioritize vacation over housing payments?
06:29 | April 11, 2024
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Bank of Canada holds key interest rate at 5%
01:31 | April 10, 2024
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Bank of Canada cannot bring interest rates down due to Trudeau’s ‘inflationary spending’: Poilievre
03:20 | April 10, 2024
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Bank of Canada holds key interest rate steady at 5%
02:32 | April 10, 2024
-
Spring housing market and Bank of Canada interest rates: What to expect
01:53 | April 9, 2024
-
CRA’s handling of bare trust reporting rules needs ‘systemic review,’ MP says
01:52 | April 9, 2024
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Learning how to maximize couponing
05:36 | April 9, 2024
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Canada pledges $8.1 billion in new defence spending
02:05 | April 8, 2024
-
Bank of Canada to make rate interest decision, release monetary policy report
02:12 | April 8, 2024
-
CRA’s last-minute bare trust rule change sparks frustration among Canadian taxpayers
02:06 | April 7, 2024
-
Trudeau’s pre-budget announcements continue, opposition calls for restraint on spending
02:12 | April 7, 2024
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Budget 2024: Here’s what Canadians want from the federal government
01:59 | April 5, 2024
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How new federal tax hikes are impact our daily spending
05:47 | April 4, 2024
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Canada pledges $6B for infrastructure fund amid housing crisis
02:08 | April 2, 2024
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Will tying Canadians’ rent to credit scores help amid housing crunch?
02:06 | April 2, 2024
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How your tax returns could be affected by CRA’s bare trust debacle
02:13 | April 1, 2024
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Carbon tax increase fuels affordability politics
03:57 | April 1, 2024
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Canada likely to avoid recession, begin recovering later in 2024: Deloitte
01:43 | April 1, 2024
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Trudeau promises $1B in loans to expand child care centres ahead of 2024 budget
01:01 | March 28, 2024
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Ontario announces $546M deal with City of Ottawa for economic recovery, revitalization
01:27 | March 28, 2024
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‘Robust’ GDP growth in early 2024 puts Bank of Canada in tough spot
02:44 | March 28, 2024
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Your Money: Tips for tax filing and unclaimed cheques
06:01 | March 28, 2024
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High-interest lending takes off during COVID-19 pandemic
02:30 | October 23, 2021
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‘$50B orgy of spending’: Poilievre mocks Trudeau for latest federal budget
04:53 | April 17, 2024
-
3 key takeaways from the 2024 federal budget
03:07 | April 17, 2024
-
Your Money: Breaking down the 2024 federal budget
05:30 | April 17, 2024
-
Budget 2024 introduces capital gains tax changes that will impact 0.13 per cent of Canadians
03:28 | April 16, 2024
-
Business Matters: Canada’s inflation rate ticked up in March amid higher gas prices
01:59 | April 16, 2024
-
2024 budget expected to make wealthy Canadians pay more taxes
01:56 | April 15, 2024
-
ABC’s of money management: Instilling financial literacy in your kids
05:22 | April 15, 2024
-
How to protect, improve credit scores amid high cost of living pressures
01:49 | April 13, 2024
-
Your Money
05:48 | April 12, 2024
-
Why do Millennials and Gen Xers prioritize vacation over housing payments?
06:29 | April 11, 2024
-
Bank of Canada holds key interest rate at 5%
01:31 | April 10, 2024
-
Bank of Canada cannot bring interest rates down due to Trudeau’s ‘inflationary spending’: Poilievre
03:20 | April 10, 2024
-
Bank of Canada holds key interest rate steady at 5%
02:32 | April 10, 2024
-
Spring housing market and Bank of Canada interest rates: What to expect
01:53 | April 9, 2024
-
CRA’s handling of bare trust reporting rules needs ‘systemic review,’ MP says
01:52 | April 9, 2024
-
Learning how to maximize couponing
05:36 | April 9, 2024
-
Canada pledges $8.1 billion in new defence spending
02:05 | April 8, 2024
-
Bank of Canada to make rate interest decision, release monetary policy report
02:12 | April 8, 2024
-
CRA’s last-minute bare trust rule change sparks frustration among Canadian taxpayers
02:06 | April 7, 2024
-
Trudeau’s pre-budget announcements continue, opposition calls for restraint on spending
02:12 | April 7, 2024
-
Budget 2024: Here’s what Canadians want from the federal government
01:59 | April 5, 2024
-
How new federal tax hikes are impact our daily spending
05:47 | April 4, 2024
-
Canada pledges $6B for infrastructure fund amid housing crisis
02:08 | April 2, 2024
-
Will tying Canadians’ rent to credit scores help amid housing crunch?
02:06 | April 2, 2024
-
How your tax returns could be affected by CRA’s bare trust debacle
02:13 | April 1, 2024
-
Carbon tax increase fuels affordability politics
03:57 | April 1, 2024
-
Canada likely to avoid recession, begin recovering later in 2024: Deloitte
01:43 | April 1, 2024
-
Trudeau promises $1B in loans to expand child care centres ahead of 2024 budget
01:01 | March 28, 2024
-
Ontario announces $546M deal with City of Ottawa for economic recovery, revitalization
01:27 | March 28, 2024
-
‘Robust’ GDP growth in early 2024 puts Bank of Canada in tough spot
02:44 | March 28, 2024
-
Your Money: Tips for tax filing and unclaimed cheques
06:01 | March 28, 2024
High-interest lending takes off during COVID-19 pandemic
Description
October 23, 2021
Terrified during the early days of the first COVID-19 lockdowns, 65-year-old Kathleen Zane took a leave of absence from her call centre job. She says she was unable to get a loan from her bank, which charges less than eight per cent annual interest. But she already had a high interest loan of $1,500 with Easy Financial, which she increased to nearly $5,000, still in an annual interest rate of 30 per cent. She says she was shocked to see how much interest she was being charged this summer. Anne Gaviola reports.
-
High-interest lending takes off during COVID-19 pandemic02:30 | October 23, 2021
-
‘$50B orgy of spending’: Poilievre mocks Trudeau for latest federal budget04:53 | April 17, 2024
-
3 key takeaways from the 2024 federal budget03:07 | April 17, 2024
-
Your Money: Breaking down the 2024 federal budget05:30 | April 17, 2024
-
Budget 2024 introduces capital gains tax changes that will impact 0.13 per cent of Canadians03:28 | April 16, 2024
-
Business Matters: Canada’s inflation rate ticked up in March amid higher gas prices01:59 | April 16, 2024
-
2024 budget expected to make wealthy Canadians pay more taxes01:56 | April 15, 2024
-
ABC’s of money management: Instilling financial literacy in your kids05:22 | April 15, 2024
-
How to protect, improve credit scores amid high cost of living pressures01:49 | April 13, 2024
-
Your Money05:48 | April 12, 2024
-
Why do Millennials and Gen Xers prioritize vacation over housing payments?06:29 | April 11, 2024
-
Bank of Canada holds key interest rate at 5%01:31 | April 10, 2024
-
Bank of Canada cannot bring interest rates down due to Trudeau’s ‘inflationary spending’: Poilievre03:20 | April 10, 2024
-
Bank of Canada holds key interest rate steady at 5%02:32 | April 10, 2024
-
Spring housing market and Bank of Canada interest rates: What to expect01:53 | April 9, 2024
-
CRA’s handling of bare trust reporting rules needs ‘systemic review,’ MP says01:52 | April 9, 2024
-
Learning how to maximize couponing05:36 | April 9, 2024
-
Canada pledges $8.1 billion in new defence spending02:05 | April 8, 2024
-
Bank of Canada to make rate interest decision, release monetary policy report02:12 | April 8, 2024
-
CRA’s last-minute bare trust rule change sparks frustration among Canadian taxpayers02:06 | April 7, 2024
-
Trudeau’s pre-budget announcements continue, opposition calls for restraint on spending02:12 | April 7, 2024
-
Budget 2024: Here’s what Canadians want from the federal government01:59 | April 5, 2024
-
How new federal tax hikes are impact our daily spending05:47 | April 4, 2024
-
Canada pledges $6B for infrastructure fund amid housing crisis02:08 | April 2, 2024
-
Will tying Canadians’ rent to credit scores help amid housing crunch?02:06 | April 2, 2024
-
How your tax returns could be affected by CRA’s bare trust debacle02:13 | April 1, 2024
-
Carbon tax increase fuels affordability politics03:57 | April 1, 2024
-
Canada likely to avoid recession, begin recovering later in 2024: Deloitte01:43 | April 1, 2024
-
Trudeau promises $1B in loans to expand child care centres ahead of 2024 budget01:01 | March 28, 2024
-
Ontario announces $546M deal with City of Ottawa for economic recovery, revitalization01:27 | March 28, 2024
-
‘Robust’ GDP growth in early 2024 puts Bank of Canada in tough spot02:44 | March 28, 2024
-
Your Money: Tips for tax filing and unclaimed cheques06:01 | March 28, 2024
-
High-interest lending takes off during COVID-19 pandemic02:30 | October 23, 2021
-
‘$50B orgy of spending’: Poilievre mocks Trudeau for latest federal budget04:53 | April 17, 2024
-
3 key takeaways from the 2024 federal budget03:07 | April 17, 2024
-
Your Money: Breaking down the 2024 federal budget05:30 | April 17, 2024
-
Budget 2024 introduces capital gains tax changes that will impact 0.13 per cent of Canadians03:28 | April 16, 2024
-
Business Matters: Canada’s inflation rate ticked up in March amid higher gas prices01:59 | April 16, 2024
-
2024 budget expected to make wealthy Canadians pay more taxes01:56 | April 15, 2024
-
ABC’s of money management: Instilling financial literacy in your kids05:22 | April 15, 2024
-
How to protect, improve credit scores amid high cost of living pressures01:49 | April 13, 2024
-
Your Money05:48 | April 12, 2024
-
Why do Millennials and Gen Xers prioritize vacation over housing payments?06:29 | April 11, 2024
-
Bank of Canada holds key interest rate at 5%01:31 | April 10, 2024
-
Bank of Canada cannot bring interest rates down due to Trudeau’s ‘inflationary spending’: Poilievre03:20 | April 10, 2024
-
Bank of Canada holds key interest rate steady at 5%02:32 | April 10, 2024
-
Spring housing market and Bank of Canada interest rates: What to expect01:53 | April 9, 2024
-
CRA’s handling of bare trust reporting rules needs ‘systemic review,’ MP says01:52 | April 9, 2024
-
Learning how to maximize couponing05:36 | April 9, 2024
-
Canada pledges $8.1 billion in new defence spending02:05 | April 8, 2024
-
Bank of Canada to make rate interest decision, release monetary policy report02:12 | April 8, 2024
-
CRA’s last-minute bare trust rule change sparks frustration among Canadian taxpayers02:06 | April 7, 2024
-
Trudeau’s pre-budget announcements continue, opposition calls for restraint on spending02:12 | April 7, 2024
-
Budget 2024: Here’s what Canadians want from the federal government01:59 | April 5, 2024
-
How new federal tax hikes are impact our daily spending05:47 | April 4, 2024
-
Canada pledges $6B for infrastructure fund amid housing crisis02:08 | April 2, 2024
-
Will tying Canadians’ rent to credit scores help amid housing crunch?02:06 | April 2, 2024
-
How your tax returns could be affected by CRA’s bare trust debacle02:13 | April 1, 2024
-
Carbon tax increase fuels affordability politics03:57 | April 1, 2024
-
Canada likely to avoid recession, begin recovering later in 2024: Deloitte01:43 | April 1, 2024
-
Trudeau promises $1B in loans to expand child care centres ahead of 2024 budget01:01 | March 28, 2024
-
Ontario announces $546M deal with City of Ottawa for economic recovery, revitalization01:27 | March 28, 2024
-
‘Robust’ GDP growth in early 2024 puts Bank of Canada in tough spot02:44 | March 28, 2024
-
Your Money: Tips for tax filing and unclaimed cheques06:01 | March 28, 2024
High-interest lending takes off during COVID-19 pandemic
Description
October 23, 2021
Terrified during the early days of the first COVID-19 lockdowns, 65-year-old Kathleen Zane took a leave of absence from her call centre job. She says she was unable to get a loan from her bank, which charges less than eight per cent annual interest. But she already had a high interest loan of $1,500 with Easy Financial, which she increased to nearly $5,000, still in an annual interest rate of 30 per cent. She says she was shocked to see how much interest she was being charged this summer. Anne Gaviola reports.
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