WITHOUT PREJUDICE Hi folks! Let’s talk about THE most expensive way to borrow in Canada: PAYDAY LOANS Payday loans are provincially legislated (except in NFLD) and there is a harmonized 15% per biweekly period making the annual interest rate 390% (15 x 26). Additional costs such as NSF fees and other add-ons make the annual … Continue reading Reasons You Shouldn’t Get a Payday Loan