George VanderBurg
“It’s all about consumer protection, and anywhere where there’s lack of controls, there’s people that are taken advantage of…”
Alberta minister of government services George VanderBurg believes the federal government should regulate the payday loan business in Canada…
He does, however, support the initiative to put control of the payday lending industry in the hands of the provinces:
“I would have preferred national rules provided by the federal government… It doesn’t look like we’e going to get that but at least we’ll have the opportunity, under the proposed legislation right now, to enact some of our own rules and regulations.”
George VanderBurg is the minister of government services in Alberta.
Source: Payday Loan Rules Introduced (Toronto Star)
Recent Posts:
- 05/05/2009: CompareCashLoans.com Gets a Facelift
- 06/16/2008: Demographic Study of Online Payday Loan Consumers
- 05/26/2008: Daniel O’Sullivan
- 04/24/2008: Update: Payday Loan Laws that Hurt Consumers
- 04/07/2008: Manitoba Public Utilities Board
Random Posts:
- 03/07/2007: Terry Goodman
- 11/14/2006: Charles M. Horn
- 06/16/2008: Demographic Study of Online Payday Loan Consumers
- 11/29/2006: Payday Loan Checklist - Ten Things You Must Do Before Applying for an Online Payday Loan
- 10/07/2006: Michael Rinoldo