SAINT JOHN (GNB) Unlicensed online payday lenders are focusing on New Brunswickers, warns the Financial and Consumer Services Commission.
The payment is seeing a growth in complaints from consumers about improper behavior from payday financing companies that aren’t licensed to use when you look at the province. These complaints consist of reports of intimidating collection techniques and communication that is aggressive.
Some customers have actually stated that unlicensed lending that is payday have actually contacted them at their host to work or contacted their boss or colleagues if they fall behind within their payments, which will be up against the legislation. Continue reading “Customers warned about risks of utilizing unlicensed online lenders that are payday”