It's something experienced by Melanie Campbell, who was at the protest, and began taking out payday loans nine years ago. (Maggie MacPherson/CBC News)A payday loan is a short-term loan, often with high interest rates, which a borrower accesses in advance of their payday salary. Campbell says the pandemic has pushed more people, who may have lost income, to use payday loans to try and get by. People gather at a payday loan protest in New Westminster on Saturday March 13, 2021. It also argues that many members provide payday loans at a risk as the loans can be costly to offer.

Source: CBC News March 14, 2021 16:07 UTC