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In Canada, there have been legal cases against payday loan firms. On August 14, 2006, the Supreme Court of British Columbia issued its decision in a class action lawsuit against A OK Payday Loans. A OK charged its customers 21% interest, as well as an administration fee of $9.50 for every $50.00 borrowed. In addition a deferral fee of $25.00 for every $100.00 was charged if a customer wanted to delay payment. The judge ruled that the processing and deferral fees were interest, and that A OK was charging its customers a criminal rate of interest. The payout as a result of this decision is expected to be several million dollars. The British Columbia Court of Appeal unanimously affirmed this decision. This demonstrates that payday loan companies need to operate carefully as provincial governments are trying to crack down on them across the country. [link widoczny dla zalogowanych] How It Works No more than 2 outstanding loans with this or other companies
Less Than Perfect Credit? [link widoczny dla zalogowanych] Do you need cash for an unexpected expense?
Benefits over traditional finance [link widoczny dla zalogowanych] Receiving the money from your loan is easy- it is deposited right into your bank account. Payday Holiday

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