This report, Money for Nothing, Debt for Free: Is the payday loan industry cashing in on Hamilton’s rise in precarious employment?, surveys the landscape of payday lending in Hamilton, including the increase in payday loan outlets and the decrease in bank branches over the past 15 years. The report also examines trends in precarious employment, and what changes are needed so workers in these jobs, and other people living at or near the poverty line, can access more affordable financial services.
Funded by: United Way of Burlington & Greater Hamilton