payday loans lenders

Consumers warned about dangers of utilizing unlicensed online lenders that are payday

Unlicensed online payday lenders are focusing on New Brunswickers, warns the Financial and Consumer Services Commission (FCNB).

FCNB is seeing a rise in complaints from customers about improper behavior from payday financing companies that aren't certified to use within the province. These complaints consist of reports of intimidating collection techniques and aggressive interaction practices.

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 once they fall behind inside their repayments, that is contrary to the legislation.

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