The Current | Feb 27, 2013 | 22:00
Cleaning up the payday loan industry
Ontario's new premier may think there's a rein on payday loan companies but their level of creativity appears to be almost as high as the interest rates they charge. In some Canadian provinces and across the U.S., these so-called lenders of last resort are finding new ways to skirt the rules. Today, calls for reform in what one man calls ...the poverty industry.