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Without a doubt about Behind the figures

Without a doubt about Behind the figures

Payday advances and bank double criteria

By Joe Fantauzzi

Earnings inequality is mounting in Canada, making a currently inexcusable wide range gulf even even worse.

In accordance with wide range comes privilege — especially in Canadian banking.

Low-income residents of Canada face an important standard that is double it comes down to accessing banking solutions despite urgently wanting them, in accordance with a study of 268 ACORN Canada people, whoever findings had been posted today by the Canadian Centre for Policy Alternatives’ Ontario workplace.

The study outcomes reveal numerous happen rejected use of very fundamental banking solutions — such as for example cheque cashing or overdraft protection — from traditional banks.