What does changing Canada's criminal rate of interest mean, and how could it impact you? Credit Canada CEO Bruce Sellery gives his take on this.
January 2, 2025 - Beginning on January 1st, 2025, the Canadian government is reducing the criminal rate of interest from 48% to 35% APR. The changes are intended to combat predatory lending, but what does that really mean for you as a borrower?
Credit Canada's CEO Bruce Sellery expands on this in this National Post article.
