Behind the Numbers.Payday loans and bank standards that are double

Posted on: januari 20th, 2020 by Webmaster

Earnings inequality is mounting in Canada, making a currently inexcusable wide range gulf worse.

Sufficient reason for wealth comes privilege — especially in Canadian banking.

Low-income residents of Canada face an important standard that is double it comes down to accessing banking solutions despite urgently wanting them, based on a study of 268 ACORN Canada people, whoever findings had been posted today by the Canadian Centre for Policy Alternatives’ Ontario office.

The study outcomes reveal numerous have now been rejected use of really fundamental banking solutions — such as for example cheque cashing or overdraft protection — from traditional banking institutions. (mer…)

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