Keyes said payday loan clients often turn on the industry to prevent having to spend even larger fees through having their utilities disconnected or bouncing an inspection. https://itunes.apple.com However, Selinger says research has suggested cash advance companies make use of individuals who are not in a position to obtain short-term loans at "mainstream" banks. The cost over two weeks is 73 cents per $100 borrowed. Members can borrow $300 to get a minimum two-month term and pay it off after two weeks with a total tariff of $2. He said payday loan businesses are currently in the same category as banks in city planning documents. The BCPLA is inside process of drafting a response on the government's consultation document and it is looking toward providing input on behalf of up-and-coming small to medium-sized lenders on February 15th. There are 34 pay day loan locations inside the Hamilton area.