Windsor Family Credit Union comes into cash advance market

Windsor Family Credit Union comes into cash advance market

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‘It’s maybe maybe maybe not planning to provide everybody, due to the fact the interest price continues to be here’

A neighborhood credit union is providing an alternate for folks borrowing high interest payday advances.

Windsor Family Credit Credit Union has introduced ‘SmarterCash: A Pay loan Alternative. time’ it includes loans which range from $500 to $2,000, with costs of $1.42 for almost any $100 lent.

Pay loan companies in Ontario can charge up to $21 per $100 borrowed day.

To gain access to the cash advance, customers should have a free account with WFCU, that will set you back $5. Read more

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