Pay day loan use wasn’t limited to low-income Canadians.
Pay day loan use wasn’t limited to low-income Canadians. Our study suggests that while payday advances are mainly employed by individuals with low-to-moderate incomes (a lot more than half lived in households with yearly incomes under $55,000) most canadians that are higher-income reported accessing these loans. Twenty % of participants reported domestic incomes surpassing $80,000 …
Pay day loan use wasn’t limited to low-income Canadians. Read More »