I was reading in the Knowledge Bureau's site about payday loans and discounting providers. You can see the article here.
I do not like either concept and would personally never use them. However, people with money problems are going to and it is better that they are legitimate and government regulated. I would not invest in a financial company that does Payday loans.
I look at the tax discounting a bit differently. People get their taxes done at a reasonable rate. Taxes today are extremely complex so this is a service they are receiving. Not something I would do, but this service fills a need.
On my other blog I am today writing about Teck Resources Ltd (TSX-TCK.B, NYSE-TCK...continue...
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