Studies show that about eight percent of Canadians are frequent payday loan consumers. These loans are attractive to many people who have an urgent need for funds – including for car repairs, medical emergencies or even grocery shopping. Unfortunately, payday loans can become a regular source of fast cash, leading to ...

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Payday loans are an increasingly popular loan option for many people. They’re so popular, in fact, that payday loan locations are open in nearly every major city in Canada, promising instant cash so long as you give them a post-dated cheque or other financial commitment. The catch with these loans, of course, is that if you ...

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