Changes to BC’s payday lending and cheque cashing rules

In June 2018, the BC Government announced changes to the cheque cashing and payday lending laws.

The changes come into effect on September 1, 2018. We are sharing the following information to help you understand and prepare for the new rules.

Read Government’s full announcement.
Review the exact changes to the laws (for informational purposes only).

As the regulator for the payday lending sector, we license, inspect and enforce the law. As of September 1, 2018, we will be enforcing the cheque cashing rules. We also provide information and referrals to the public.

Read about our current complaint handling and inspection processes.
Understand our authority and governance.
Read our policies.

All of our core website content will be updated by September 14, 2018. At that time, this page will no longer be available and anything you read on our website will be current and reflect the law.