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Install a province to begin a standard to deliver firewood day interest of consu
From;    Author:Stand originally

The government that install a province offers bill yesterday. Day of normative hair firewood finance company collects fees with what restrict them. This industry is pointed to low income estate provides short term loan, but accrual of collection high specified number. Home's best Canada studies abroad orgnaization


Sign up for a report according to Toronto star, finance company offers the day delivering fuel that how saves about 700 commonly cash borrows money, can achieve 300 yuan normally, so that borrow the person of money to be able to deal with expense to deliver firewood day till the next, however the of 60% usurious upper limit that place of criminal law of accrual criterion prep above sets. Office of office of the service that visit government office grows Ted McMeekin to express, usurer borrows money to repay another loan, wants to pay very high interest. That is usurious vicious circle. 010-66418886


After act is passed, leasehold collect fees will set upper limit, also will prohibit lending credit side open to questionly the law. Nevertheless, the government that install a province did not make a provision with respect to the upper limit of accrual, establish special advisory committee to be the upper limit to table a proposal of the cost of loan however. Day of Canadian hair firewood borrows acting association (Canadian Payday Loan Association) also expresses. This are second reading can safeguard consumer interest not only, at the same time the standard of course of study of OK also and normative visit.

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News source: Edit according to net of Canadian China city, reprint make clear Www.e-canada.cn please Home's best Canada studies abroad orgnaization


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