Uneasy Money Marketplace : Season 42 Episode 16
CBC Television 30m int(0)
Aired: February 27th, 2015 @ 8:00 PM EST on CBC Television
Canadians are taking on record levels of household debt, and money is top of mind for many trying to tighten their belts. But if you need cash, are companies being clear about what you're signing up for? In Uneasy Money, we investigate the business tactics of a popular loan company that offers easy loans to people who need money. Erica Johnson investigates how high interest rates and added charges can add up to a bad bottom line for borrowers. And we put a major bank to the test about the biggest debt that many of us ever sign up for: A mortgage. Not all mortgages are created equal, but how upfront is the bank about what's hiding in the fine print?