Hamilton, Ont. woman ‘deeply regrets’ taking pay day loan with rate of interest of 47 %

Hamilton, Ont. woman ‘deeply regrets’ taking pay day loan with rate of interest of 47 %

Pat Foran Customer Alert Videojournalist, CTV Information Toronto

TORONTO — A Hamilton, Ont. girl claims she had been having financial hardships whenever she received an opportunity to combine a loan to her debts from an online payday loan company.

“i obtained an offer from a loan that is payday and chose to make use of it now we profoundly regret it,” Kathleen Kennedy told CTV Information Toronto.

Kennedy said that she took out of the almost $4,300 loan an and a half ago year. Also though she’s got been having to pay $252 each month, she nevertheless has so much more left to settle and because of the pandemic she states she can no further continue steadily to make her repayments. “Hamilton, Ont. woman ‘deeply regrets’ taking pay day loan with rate of interest of 47 %” の続きを読む