Payday Lending in Canada in a Global Context

Adds data, analysis, and lessons from Canada, the US, and the UK to a growing global conversation on high-cost credit Features perspectives from an interdisciplinary team of experts with almost 10 years of collaborative experience Provides a comprehensive and holistic analysis of the payday lending business, consumers, and regulators

Auteur
Jerry Buckland is Professor of International Development Studies, Menno Simons College, Canadian Mennonite University, Canada.
Chris Robinson is Professor of Finance, School of Administrative Studies, York University, Canada.
Brenda Spotton Visano is Professor of Economics and Public Policy, Department of Economics, The School of Public Policy & Administration, York University, Canada.

Contenu

1. Introduction.- 2. A Statistical Profile of Payday Loan Clients from National Surveys.- 3. A Socio-economic Examination of Payday Loan Clients: Why and How People Use Payday Loans.- 4. A Business Analysis of the Payday Loan Industry.- 5. Ethical Issues Related to Payday Lending.- 6. Mainstream Financial Institution Alternatives to the Payday Loan.- 7. Payday Lending Regulations.- 8. Conclusion.