Apr
28
2009
Money Mart’s rates ‘criminal,’ borrowers’ lawyer tells court (Toronto Star)
Posted by: in Payday Loan, tags: 10 Years, 5 Million, Borrowers, Class Action Suit, Company Share, Criminal Court, Criminal Lawyer, Excerpt, Interest Rates, Money Mart, Money Rates, Payday Loans, Quick Money, Random, Toronto StarRandom Feed wrote an interesting post today on
Here’s a quick excerpt
Money Mart charged “criminal” interest rates on 4.5 million payday loans over 10 years, a lawyer representing 264,000 borrowers told a judge during the first day of a class-action suit against the lending company.
Share and Enjoy:
Read the rest of this great post here
Entries (RSS)