Payday Lending in Canada in a Global Context

Jerry Buckland is Professor of International Development Studies, Menno Simons College, Canadian Mennonite University, Canada. Chris Robinson is Professor of Finance, School of Administrative Studies, York University, Canada.Brenda Spotton Visano is Professor of Economics and Public Policy, Department of Economics, The School of Public Policy & Administration, York University, Canada.

• 1. Introduction.- 2. A Statistical Profile of Payday Loan Clients from National Surveys.- 3. A Socio-economic Examination of Payday Loan Clients: Why and How People Use Payday Loans.- 4. A Business Analysis of the Payday Loan Industry.- 5. Ethical Issues Related to Payday Lending.- 6. Mainstream Financial Institution Alternatives to the Payday Loan.- 7. Payday Lending Regulations.- 8. Conclusion.