MEDIA RELEASE: IPLAC Responds to Inaccurate Reports
Article content MISSISSAUGA, Ontario, March 01, 2021 (GLOBE NEWSWIRE) — The Independent Payday Loan Association of Canada (IPLAC) feels it necessary to respond to the inaccurate ACORN Canada report “Study on High Interest Loans – A Report” and the CTV report “Use of payday loans surges amid COVID-19 pandemic, new survey finds”. On February 17, 2021, local media reported, on television and on the web, protests against “predatory lending” led by the anti-poverty activist group. Much of the information in this report was sourced from their report, whose content vilified the payda...
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