City seeks to crack down on payday loan shops

City seeks to crack down on payday loan shops.

…”“Is it really our business to tell people how to live their life? How to spend their money?” Chu asked.”…

And what, is anyone fooling themselves when things get bad about how criminal activity originates. It always comes down to money and lack thereof.

It is beyond belief that payday stores post signs indicating 900 PERCENT INTEREST RATES SANCTIONED BY PROVINCIAL LAWS.

HOW WOULD YOU LIKE BEING SADDLED WITH A 900 PERCENT MORTGAGE RATE ???

IT IS NOT ONLY CALGARY THAT HAS THIS ISSUE, IT’S EVERY PROVINCE THAT ALLOWS LEGAL LOAN SHARKING.

IF IT’S ILLEGAL OTHERWISE AT THOSE INTEREST RATES, IT CERTAINLY IS CRIMINAL DOING IT LEGALLY.

THE ORIGIN OF FINANCIAL RUIN LIES IN THE EDUCATIONAL SYSTEM THAT INTENTIONALLY SIDE STEPS THE ISSUE OR FINANCIAL RESPONSIBILITIES.

IT IS ONE SORELY LACKING AS A MORAL COMPASS FOR THE GOOD OF ONE WITH A MIND ON THE MANY.

THIS IS WHERE SOCIETY AS A WHOLE IS DYSFUNCTIONAL AT BEST.

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