From The CBC website:

As big banks crack-down on credit, loads of loan companies are popping up on the internet. Seems anyone gets approved. And as Erica Johnson reveals, seems everyone gets ripped off.


From the NFO:
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                       Description
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need a loan? As the economy continues to shrink, banks are becoming more and 
more reluctant to approve new loans especially if your credit rating is less 
than stellar.

But if the big banks can't help, it seems that a number of other companies will. 
A crop of legitimate-looking loan companies are appearing online and in 
newspapers, advertising a fast financial fix for those with bad credit or no 
collateral.

However, these kinds of loan companies could be out to scam you when you need 
your money the most. 


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