A loan program delivered by Canada Post and Toronto-Dominion Bank has been paused weeks after the partner organizations announced plans to expand it across the country.
A spokeswoman for TD Bank confirmed that the MyMoney Loan program has been placed on pause indefinitely because of unspecified issues with processing.
The loan program offered variable or fixed loans ranging from $1,000 to $30,000. Repayments could be spread over one- to seven-year terms.
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