Fair Financing: Expanding Small-Dollar Short-Term Credit for Albertans

This March 2016 report by EMD Consulting for the non-profit Calgary organization Momentum, includes a look at the “not-so-lucrative payday loan business” that has, in fact, moderate profit margins; “the role of the regulator- seeing beyond the rate” – fee caps not being the most effective way to make small-sum credit available; and an increased focus on financial literacy for consumers.
Read the full report.