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The truth about high-interest loans: Hidden camera investigation (Marketplace)
Posted
January 30, 2021
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601,545
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January 30, 2021
601,545
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22:56Now PlayingMoney Mart, Cash Money, Easyfinancial and Fairstone Financial offer thousands of dollars in long-term loans at high interest rates. With the cost of borrowing at historic lows, CBC Marketplace digs into how these alternative lenders are able to charge between 30 and 50 per cent interest. And, we uncover whether you’re really told everything you need to know when you sign up for these loans.
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