About BC Consumer Protection

Payday Lenders News

Consumer Protection BC takes over Cash Store refund process; consumers now receiving cheques

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{Aug. 26, 2014} VICTORIA, BC – About 5,000 payday lending customers have just received refunds for fees illegally charged by The Cash Store and Instaloans, but Consumer Protection BC says an estimated 45,000 consumers still haven’t come forward to make a claim.

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Cash Store Financial Refund Process Begins

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{March 6, 2014} VICTORIA, BC – Consumer Protection BC announces that Cash Store Financial Inc. has begun the refund process for eligible payday lending consumers.

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Supreme Court of BC confirms Cash Store must refund $1 million to consumers

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{January 31, 2014} VICTORIA, BC – The Supreme Court of British Columbia has upheld Consumer Protection BC’s Compliance Orders against Cash Store Financial Inc. requiring the company to comply with the law and refund over $1 million to consumers.  

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Consumer Protection BC orders The Money Stop to cease unlicensed payday lending activity and to refund consumers

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{July 24, 2013} VICTORIA, BC – Consumer Protection BC has issued a compliance order and administrative penalty against Money Stop Ltd. (doing business as The Money Stop) for violating BC’s payday lending laws.

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