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'Canadians deserve better': Experts decry 'outrageous' interest rates by alternative lenders

Posted: Jan 30, 2021 4:00 AM ET | Last Updated: January 30 A Marketplace hidden camera investigation looked into popular alternative lenders and found theyre charging up to 46.96 per cent interest in an era when the cost of borrowing is at historic lows. (CBC) A senator and a prominent mortgage industry executive are calling on the federal government to crack down on lenders who charge sky-high interest rates to Canadians desperate for cash, after a Marketplace hidden camera investigation fou...
Chrystia Freeland Pierrette Ringuette Theresa Morton Alex Haditaghi Melissa Soper Global Corp
Source: cbc.ca

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