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CBC.ca PayDay Loans page.

Payday Loans ? Director General
Money Mart Satire
CBC is doing some interviews and some satire on Payday loans, money mart etc.

www.straight.com - payday loans offer criminal rates
According to the article-"The head of a national nonprofit group has alleged that payday loan companies routinely provide short-term loans at criminal rates of interest. On April 14, John Young, executive director of ACORN Canada, told Vancouver city council?s planning and environment committee that every payday lender in the country charges at least 300 percent interest, and often 900 percent, on an annual basis. "

The BBB Better Business Bureau offers some warnings regarding payday loans on the internet
Better Business Bureau - payday loans
"CFA SURVEY REVEALS CONSUMERS AT RISK FROM ONLINE PAYDAY LENDING
Payday loan companies are now using the Internet to reach borrowers. Online payday loans are marketed through e-mail, online search, paid ads and referrals. Typically, a consumer is required to complete an online application form or fax a completed application that requests personal information, bank account and Social Security numbers and employer information. "