About BC Consumer Protection

Payday Lenders News

Speedy Cash location ordered to pay $1,500 in penalties for violating BC’s consumer protection law

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{November 3, 2015} VICTORIA, BC – Consumer Protection BC has issued an administrative penalty and compliance order against Speedy Cash (registered under the business name of Kelwood Financial Services Inc.), a payday lender based in Duncan, BC, for violating BC’s Business Practices and Consumer Protection Act (BPCPA). 

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Speedy Cash location ordered to pay $4,900 in penalties for violating BC’s payday lending laws

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{June 30, 2015} VICTORIA, BC – Consumer Protection BC has issued an administrative penalty against Speedy Cash (registered under the business name of Kamloops 2011 Equities Ltd.), a Chilliwack, BC-based payday lender, for violating BC’s payday lending laws.

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Surrey Cash Now ordered to abide by BC’s payday lending laws, pay $2,900 in penalties

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{April 7, 2015} VICTORIA, BC – Consumer Protection BC has issued a second Compliance Order and an Administrative Penalty against Surrey Cash Now (S. Prasad Holdings Ltd.) for continuing to violate BC’s payday lending laws.

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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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