About BC Consumer Protection

Payday Lenders News

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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On or offline, payday lenders must be licensed says Consumer Protection BC

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With increasingly more consumer purchasing financial products online, Consumer Protection BC is reminding BC consumers that payday lending is an industry regulated both on and offline.

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