Unlicensed online payday lenders are targeting New Brunswickers, warns the Financial and Consumer Services Commission (FCNB).

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The Financial and Consumer Services Commission (FCNB) is reminding New Brunswickers to be mindful of the risks of borrowing from an unlicensed payday lender. 

A decrease in dollars lost to fraud in New Brunswick, coupled with a rise in the number of frauds reported in 2022, could mean consumers are becoming more comfortable identifying and reporting frau