Justice for illegal lenders

Re Judges to get lesson in moneylender math, Jan. 24 Now that the Star has proven that Erez Harosh and his XCash Financial have been charging illegal interest rates, and our mathchallenged judges have been upholding them, will the province now re-examine all of these judgments and reverse their illegal results?

In this case, the passage of time should be no barrier to justice. We need to stand up for these disadvantaged debtors, as the courts certainly did not.

And then maybe the province should look into the non-mathchallenged interest calculations of all money lenders. I would bet that they have been getting away with exorbitant, illegal interest rates for years, often masked as “service fees,” “application fees,” and other similar obfuscations. Edward A. Collis, Burlington Thank you for bringing attention to predatory money lendingpractices that target those least able to cope with the spiralling interest rates and trap the unwitting. This is criminal and immoral. Any judges involved in allowing such practises should not be allowed to rule on similar cases in the future. These cases should be channelled towards a person who is versed in this kind of scheme.

Predators of this kind should be charged with usury and not allowed to practise money-lending at all, having proven themselves to be totally untrustworthy. M. Schooff, Orangeville