Source Feed: CBC News - Canada
Publication Date: January 8, 2025 - 18:42
New limit on high-interest loans targets 'predatory lending practices'
January 8, 2025
![](https://unpublished.ca/sites/default/files/styles/image_796x305/public/externals/09e2c169993fd849e1157f671c491f9e.jpg?itok=tnXaIWbL)
There’s a new limit on the interest rates Canadians are charged when they take out high-interest loans — a move aimed at preventing what the federal government calls “predatory lending practices.”
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