Learn about high-cost loans and cheque cashing services

Some companies offer loans and financial services that do not require collateral or a bank account. Despite their convenience, these types of loans and services are usually more expensive and riskier to you.

It is important that you understand all the costs and risks when choosing to use these types of loans or financial services.

Select an option to learn more about specific high-cost loans and alternative financial services.

• Payday loans
• High-cost installment loans
• High-cost lines of credit
• High-cost leases and rent-to-own services
• Cheque cashing services