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Brand brand New, reduced optimum prices for pay day loans now in position across B.C.

Brand brand New, reduced optimum prices for pay day loans now in position across B.C.

Brand brand brand New, lower charges for high-cost, short-term money loans – payday loans – came into impact at the start of the brand new 12 months.

The utmost allowable fee – including all costs – for an online payday loan in British Columbia has become $17 for each $100 lent, which makes it the second-lowest price in Canada.