Displaying items by tag: Payday Loan Subscribe to this RSS feed
Did you know that in a 12 month span, there were more than 700,000 payday loans taken out in BC? Consumer Protection BC licenses and regulates this industry in the Province. We want to tell you about an important announcement that may affect you if you have used the services of Cash Store Financial Inc. since 2009. We have just ordered Cash Store Financial Inc. to refund unlawful fees charged to their customers since late 2009. Please view the media release on our website for all the details.
Consumer Protection BC licenses payday lenders both located in BC and those doing business over the internet or by telephone with BC consumers. We are also responsible for enforcing the laws regarding this industry.