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

Alternatives to payday loans for low-income Canadians

June 4, 2015

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.


For further information: Refresh Financial Inc., Mike Penninga, Public Relations, 230-1628 Dickson Ave, Kelowna, BC V1Y 9X1, Media@refreshfinancial.ca

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