Kitchener tightens guidelines on pay day loan businesses

Kitchener tightens guidelines on pay day loan businesses

KITCHENER – Kitchener is wanting at tighter guidelines and much higher company charges for pay day loan companies into the hopes of decreasing the final number of these companies into the town.

You will find 18 cash advance businesses running in Kitchener now, additionally the town hopes to fundamentally reduce that to 10 city-wide, without any significantly more than two per ward. (more…)