Small-dollar lending needs know no geographical boundaries. Filene first explored this topic in the Canadian market in 2014 through its report titled ”The Impact of Two-Tiered Banking: How Credit Unions Can Bridge the Divide.” One of the biggest takeaways from this report is the fact that payday lenders do not appear to be filling an obvious spatial void and may be viewed as providing complementary services not available through banks/credit unions or delivered in a way that is more convenient or less demanding of the borrower.
Join the conversation in this interactive interview with Kate Martin, Policy Analyst, at the Canadian Credit Union Association (CCUA), and Ben Morales, QCash Financial’s CEO, as they continue evaluating the intricacies of the implications for credit unions.
Participants will leave with a better understanding of the Canadian credit union ecosystem as it relates to small-dollar lending alternatives to predatory lending practices.
Register for this webinar now!