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Solve Your Debt Problems With A Consumer Proposal

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Albertans are experiencing tough economic times and in some instances are turning to Payday Loan Providers to deal with their financial challenges often at unaffordable interest rates.

Global News recently published the article, “No ban of payday loans: Alberta minister” looking into why the province is considering changing the laws regarding these high interest rates, as some are as high as 25 percent. This review will ensure that “vulnerable families aren’t being taken advantage of.” The Province is aware that Alberta interest rates are among the highest in Canada and they plan on reviewing this issue to eliminate a debt trap for low-income Albertans.

An alternative to using a Payday loan provider is a Consumer Proposal. To discuss how a Consumer Proposal in Alberta can solve your debt problems, contact licensed insolvency trustees, Hardie & Kelly Inc. in Calgary, Alberta.

solve debt problems without payday loans

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