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Friday, November 13, 2009 10:55 PM

Payday loans get bad rap

What is the matter with having payday loans in Ottawa?

They are a business just like any other loan company or bank. I don’t think they have that bad of interest rates either if you consider a bank will charge an overdraft fee of $20 on a $4 overdraft. These businesses are not out of line, and must follow the laws and regulations just like any other lending institution.

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