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oldpaganfreak · 11-29-2008, 08:35 PM

there has been much discussion about the fact that credit cards do not have enforceable credit. this might explain why they charge 19%+ for the service. does anyone know about the canadian perspective on the matter?
if one defaults on a canadian agreement, what can happen?
i do understand the moral obligations involved, but am curious about the legal side of things.

11-29-2008, 08:35 PM	#1
oldpaganfreak Avalon Senior Member Join Date: Sep 2008 Location: great northern boreal forest Posts: 440	canadian credit law there has been much discussion about the fact that credit cards do not have enforceable credit. this might explain why they charge 19%+ for the service. does anyone know about the canadian perspective on the matter? if one defaults on a canadian agreement, what can happen? i do understand the moral obligations involved, but am curious about the legal side of things.