Payday loan providers on Cape Breton Island
The NS model
The Nova Scotia model cited by Leblanc may be the Credit Union business Loan Guarantee Program. Due to the fact government explained in a 2016 news release in regards to the system:
Credit unions administer this system and offer loans to small enterprises and social enterprises, ensuring financing choices are built in the neighborhood. Government lovers with all the Nova Scotia Co-operative Council to supply the management and guarantee associated with the profile.
Participating credit unions right here in Cape Breton consist of those in Sydney, Glace Bay, Sydney Mines, Dominion, Isle Madame and ChГ©ticamp along with the East Coast Credit Union which includes branches in Baddeck, Inverness, L’Ardoise, Mabou, Margaree, Port Hawkesbury, Port Hood and St. Continue reading “Payday loan providers on Cape Breton Island”