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Hamilton ACORN leaders target predatory lenders to demand lower interest rates - Vimarsana News

Hamilton ACORN leaders target predatory lenders to demand lower interest rates

Posted: Feb 19, 2021 3:41 PM ET | Last Updated: February 21 The ACORN leaders say that on Concession Street, there are currently no mainstream banks leaving some low income people with few options nearby.(Submitted by Meagan Bain) Hamilton ACORN leaders delivered a demand letter this week to two of the payday loan stores on Concession Street — Money Mart and Cash 'N' Cheque — as part of efforts aimed at targeting predatory lenders to demand lower interest rates. Wednesday's action coincided with the release of results from a nationwide survey and report to understand the experiences of ...

Source: cbc.ca