This event took place in English.
Lacking access to safe and affordable credit from mainstream financial institutions, many low-income individuals resort to payday and other short-term loans to meet their financial needs. The use of these loans and their negative impact on individuals and communities continue to grow.
Safe and affordable alternative financial products can support low-income borrowers to avoid exorbitant interest rates and escape vicious cycles of loan dependency.
This webinar recording features a conversation about alternative affordable financial products, including what works, what challenges persist, and what we can do to overcome them.
Speakers:
- Murray Baker,Family Services of Greater Vancouver
- Erlene Woollard, Citizen, Vancouver
- Adam Fair, Prosper Canada
- Dr. Elliot Rossiter, Douglas College
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