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Alberta payday loan regulations has loan providers just starting to feel pinch

Alberta payday loan regulations has loan providers just starting to feel pinch

‘Without revenue we can not risk losses, so we need certainly to reject those with riskier credit ratings’

The garish yellowish storefronts promising fast and effortless money are beginning to dwindle in Alberta as the cash advance industry claims provincial laws applied just last year are making its signature item unsustainable.

How many payday shops has fallen to about 195 from some 220 this time around this past year, relating to provider Alberta. Leer más