The Financial and Consumer Services Commission is warning that unlicensed online payday lenders are targeting New Brunswickers.
FCNB reports complaints from consumers about inappropriate collection practices, including contacting consumers who have fallen behind at their place of employment.
In some cases, the commission reports lenders threatening to seek repayment from the consumer’s employer or coworkers.
Director of Consumer Affairs Alaina Nicholson says it is illegal for a payday lender to contact you at your place of work or to reach out to your boss or colleagues.
She adds some consumers report more than 50 calls a day from the lender.
FCNB released a list of online payday lenders about which they are cautioning New Brunswickers.
These businesses include: