Media

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Media Release: IPLAC RESPONDS TO INACCURATE REPORTS

Media Release: IPLAC RESPONDS TO INACCURATE REPORTS

FOR IMMEDIATE RELEASE March 1, 2021 (Mississauga, Ontario) The Independent Payday Loan Association of Canada (IPLAC) feels it necessary to respond to the inaccurate ACORN Canada report “Study on High Interest Loans – A Report” and the CTV report “Use of payday loans surges amid COVID-19 pandemic, new survey finds”. On February 17, 2021, local...

Media Release: IPLAC RESPONDS TO INACCURATE REPORTS

Media Release: IPLAC supports Pay2Day’s swift action in replacing CEO.

FOR IMMEDIATE RELEASE June 6, 2020 (Mississauga, Ontario) The Independent Payday Loan Association of Canada (IPLAC) supports the actions taken by Pay2Day, accepting the resignation of Wesley Barker as CEO in response to his tweet. IPLAC’s policy is that its members treat all of their customers fairly and equally. Our members provide the same...

Media Release: IPLAC RESPONDS TO INACCURATE REPORTS

Media Release: IPLAC responds to inaccurate, insulting CCPA report. “Our customers are hardworking, informed and intelligent.”

FOR IMMEDIATE RELEASE June 3, 2020 (Mississauga, Ontario) The Independent Payday Loan Association of Canada (IPLAC) feels it necessary to respond to the insulting and inaccurate April 2020 Canadian Centre for Policy Alternatives (CCPA) report “Swimming with the sharks – Poverty, pandemics and payday lenders”, authored by Ricardo Tranjan. In...

Media Release: IPLAC RESPONDS TO INACCURATE REPORTS

Op-Ed: We Serve Hard Working, Intelligent Customers

Over the last months, Canadians have lost almost three million jobs. This has put pressure on everyone and even more on those living paycheck to paycheck, often working multiple jobs. These workers range from independent contractors, whose clients have put them on hold, to essential workers such as nurses and police and even people making six...

Media Release: IPLAC RESPONDS TO INACCURATE REPORTS

Op-Ed: The Road to Hell is a Series of Unintended Consequences

To bring together two clichés or axioms, the road to hell is paved with good intentions. When it comes to payday loans, misperceptions and a lack of understanding by the Government of Ontario is laying down the asphalt. In their quest to “protect” those who take payday loans, they make them victims to usurious fees and penalties and open them to...