Got Bad Credit? High interest loans just a click away with mobile apps.
Payday loan companies are making it easier for you to fall into debt with just a few taps of your smartphone screen. They advertise that no credit check is needed and that you can get cash in a matter of hours, if not minutes.
Jeff Schwartz, Executive Director of Consolidated Credit Counseling Services of Canada, Inc., spoke with reporter Melissa Leong of the National Post for a story on this issue.
You can read the entire story by clicking here.