December 24, 2024
SHARE
Canadaland Politics
#111 Payday Loans: the Cost of Being Poor
Starting January 1st, the criminal interest rate on predatory lending will be lowered, meaning it should be safer to take out payday and installment loans. But these businesses have a tendency to skirt the law, adding unexpected fees and insurance rates to keep borrowers in the hole.
Sam Konnert
Producer/Host
Aviva Lessard
Senior Producer
Caleb Thompson
Audio Editor
max collins
Director of Audio
Jesse Brown
Host & Publisher

Sam welcomes Donna Borden to the show – an organizer with ACORN. She’s been a victim to these loans, and is now fighting against them. Will the crackdown work and really help lower people’s payments? How can we make short term loans a real option for people struggling, without the sky-high payments?

 

Host: Sam Konnert

Credits: Aviva Lessard (Producer), Sam Konnert (Producer), Caleb Thompson (Audio Editor and Technical Producer), Max Collins (Director of Audio), Jesse Brown (Editor), Tony Wang (Artwork)

 

Guests: Donna Borden

 

Background reading:

 

Sponsors: 

 

Douglas is giving our listeners a FREE Sleep Bundle with each mattress purchase. Get the sheets, pillows, mattress and pillow protectors FREE with your Douglas purchase today at douglas.ca/canadaland

 

Article is offering our listeners $50 off your first purchase of $100 or more

To claim, visit article.com/backbench and the discount will be automatically applied at checkout.

 

If you value this podcast, Support us! You’ll get premium access to all our shows ad free, including early releases and bonus content. You’ll also get our exclusive newsletter, discounts on merch, tickets to our live and virtual events, and more than anything, you’ll be a part of the solution to Canada’s journalism crisis, you’ll be keeping our work free and accessible to everybody. 

You can listen ad-free on Amazon Music—included with Prime.

More from this series
Host Sam spent a day at Canada's biggest defence trade show asking about autonomous weapons.
June 9, 2026
Is Bill C-22 an Orwellian nightmare or a necessary power?
June 2, 2026
As Canada inches closer to China to escape the US's “global swagger,” do we even know who we're dealing with?
May 26, 2026
Can Silicon Valley mentality fix Canada’s stagnant defence sector, or are we scaling up its worst instincts?
May 19, 2026
NDP Leader Avi Lewis has a massive task ahead of him.
May 12, 2026
PM Mark Carney has managed to stitch together a majority in the House of Commons and has approval numbers we haven't seen in forever.
May 5, 2026
Is Alberta separatism being boosted by foreign “slop”?
April 28, 2026
DRIPA is at the center of one of the most divisive political fights in the country.
April 21, 2026
all podcasts arrow All Podcasts
Canadaland Politics