N.S. regulator caps fees on payday loans (CBC)
The Nova Scotia Utility and Review Board has set limits on how much payday loan companies can charge their customers in interest and fees.
Source: www.cbc.ca

Part II: Payday Loan Investigation (CBS News)
CBS News reported this week that the payday loan industry uses aggressive sales tactics to lure customers into payday loans that can trap borrowers in a revolving cycle of debt.
Source: www.cbsnews.com

Nova Scotia Rate Cap on Payday Loans will Protect Consumers (CNW Group via Yahoo! Finance)
Today's decision by the Nova Scotia Utility and Review Board to cap the rates on payday loans will ensure a competitive lending industry which will protect consumers, said Canadian Payday Loan Association President Stan Keyes.
Source: biz.yahoo.com

N.S. regulator caps fees on payday loans (CBC)
The Nova Scotia Utility and Review Board has set limits on how much payday loan companies can charge their customers in interest and fees.
Source: www.cbc.ca

Critics say limits for payday loans offer little benefit (Metro Halifax)
The Nova Scotia Utility and Review Board yesterday set limits on how much payday-loan companies can charge customers in interest and fees, but critics doubt customers will benefit. The maximum cost of borrowing for the stop-gap loans provided by companies like the Cash Store and Money Mart is now $31 per $100, with a limit of $40 in case of default. Nova Scotia is the second province to use …
Source: www.metronews.ca