This new Brunswick federal federal federal federal government has surprised loan that is payday and also the industry it self by proposing to restrict the sum total price of such loans to $15 for each and every $100 lent. It indicates that an average $300 loan would need borrowers to settle $345 on the next payday. The $15 price is found in draft laws posted this on the government website week.
Critics N.B. that is welcome payday regulations, but want more customer security