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Canadians enjoy little protection against the high prices and sales practices of instalment lenders, whose loans challenge legal expectations, Council research finds.

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Research Announcements, Credit, Financial Services, Payday Loans, Focus-Indebtedness, Right-Information, Right-Choice, Right-Education  
  

Most Canadian consumers are unaware of a key feature of electronic payments services they commonly use that can protect them from losing their money if they don’t get what they ordered, it’s not what they ordered, or what they ordered doesn’t work.

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Research Announcements, Credit, Financial Services, Payments, Right-Redress  
  

The Consumers Council of Canada has advocated recently for firm action on unsolicited, door-to-door sales, new protection for users of alternative financial services such as payday loans and definition of qualifications, with licensing, for home inspectors. The Ontario government took action in all three areas through its Putting Consumers First Act passed April 10, 2017.

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Public Statements, Credit, Financial Services, Home Furnishing & Equipment, Housing & Shelter, Payday Loans, Standards Development, Focus-Climate Change, Focus-Residential Intensification, Right-Basic Needs, Right-Product Safety, Right-Information, Right-Choice  
  
 
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