Island Morning | Dec 11, 2012 | 5:42
Protecting People From Collection Agencies
Over the last several months, many Islanders have been getting calls from companies promising to get rid of their debt Forever. But if it sounds too good to be true - it probably is. Fraudulent off-Island debt-repayment companies have been popping up all over Canada including here on PEI. The province is now drafting legislation that will help protect people from these companies, by imposing restrictions on how much they can charge people. Family Service PEI is in favour of the new rules. The not-for-profit has been operating on PEI for 60 years, offering credit counselling. Executive Director Denise Lockhart joined Matt Rainnie in the studio.