PayDay Loans - Money Mart Canada's Website - Canada

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Money Mart Canada's Website

Postby montyloree » Sat Aug 13, 2005 12:00:00 AM

I found this page on Money Mart Canadian best practices page.
Money Mart's Best Practices Page

Money Mart's statement is that they: Money Mart is committed to setting the highest standard for responsible business practices in the convenience-based retail financial industry.

I love the wording on this.. Money Mart is a convenience based retail financial company. It definitely is that. They have the responsibility of making sure that people get much easier loans than they would at a bank or credit union. Because of the convenience they run a much higher risk of delinquency and and thus their costs are much higher than a lower risk lender.

Money Mart's Best Practices Page talks about the following:
If you use Money Mart at all or ever get payday loans this page is a must read.
It's subtitles are as follows:
? Full Disclosure
? Consumer Protection
? No Rollovers or extentions
? Reasonable fees and Best Practices
? Fair Collection Practices
? Customer Privacy
? Service Guarantee
montyloree
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