Unlicensed online lenders that are payday focusing on New Brunswickers, warns the Financial and Consumer Services Commission (FCNB).
FCNB is seeing a rise in complaints from consumers about improper behaviour from payday financing companies that aren’t certified to use within the province. These complaints include reports of intimidating collection methods and aggressive interaction techniques.
Some customers have actually stated that unlicensed payday financing companies have actually contacted them at their host to work or contacted their company or colleagues if they fall behind inside their re re re payments, that will be up against the legislation. Continue reading
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