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Mayor Comments on New Payday Loan Laws

Following are comments from Lethbridge Mayor Chris Spearman regarding the Aug. 2, 2016 announcement of new provincial laws to end predatory lending in Alberta:

"I applaud the provincial government for taking bold action to end predatory lending practices in Alberta. It’s a critical step that supports our local efforts to reduce poverty in Lethbridge and prevent citizens from falling into a crushing cycle of debt."

- Lethbridge Mayor Chris Spearman

 

For additional information on these new provincial laws, click on the following links:

http://www.alberta.ca/payday-loans.aspx 

http://www.alberta.ca/release.cfm?xID=43197F6EE6BA1-075E-438C-456E014D32C808C5