Alternatives to payday loans for low-income Canadians | Refresh Financial

Alternatives to payday loans for low-income Canadians

Date: 2015-06-04

Layoffs due to low oil prices, in conjunction with other financial emergencies, have made debt a survival tool for many Canadians. Debt levels have remained at an all-time high, and rainy-day savings funds have become something of a novelty for many. Those struggling often make poor credit choices, opting for short-term, high interest payday loans that are difficult to repay.

Read on to learn about the dangers of Payday loans.

You have done a great job and very helpful with me and you answered all my questions and were very patient with me. You have done a great job and I’m going to tell a bunch of my friends to go there because you’re very helpful and nice and answered all of my questions and didn’t go in circles and that's what I like because it shows me that you believe in the company yourself. Thank you for taking and hour out of you day to make sure I understood everything and that's what I want when I’m trying to get a loan on the phone. Thank you so much and if it wasn't for you I wouldn't have got a loan but I did because of your knowledge and your kindness. ”

Mike, Oshawa, ON