Unlicensed online lenders that are payday focusing on New Brunswickers, warns the Financial and Consumer Services Commission (FCNB).
FCNB is seeing a rise in complaints from customers about improper behavior from payday financing companies that aren’t certified to work into the province. These complaints consist of reports of intimidating collection techniques and communication that is aggressive.
Some customers have actually stated that unlicensed payday lending organizations have actually contacted them at their host to work or contacted their boss or colleagues once they fall behind inside their payments, which will be from the legislation. Continue reading “Customers warned about dangers of utilizing unlicensed online lenders that are payday”