Report your aggregate data
Every year, all licensed payday lenders in BC must self-report aggregate loan data. The data is for all of the loans granted during your most recently completed fiscal year.
You must report your aggregate loan data annually during your licence renewal period. You will receive a reminder to submit this information when we send out the annual licence renewal notices. Online data reporting is only available during the licence renewal period.
How to report aggregate loan data?
All aggregate loan data is uploaded online through the MyAccount platform. You must report loan data for each location as well as aggregated for all locations if your business has multiple locations in BC. Beginning in 2020, you will also be asked to report data separately for all payday loans issued online through a web domain.
See a sample of the loan data reporting requirements and definitions.
Submit your loan data by logging in to MyAccount.
How do we use the aggregate loan data?
The data can:
- inform us about the nature of the industry
- highlight areas where we can focus our education and/or compliance efforts
- identify areas of possible non-compliance with legislation
- assist the provincial government in setting policy around payday loans
The most recent aggregate payday loan data
If you are reviewing this data, please note that while the self-reported data is not audited by Consumer Protection BC, a high-level analysis is conducted for reasonableness and to identify any inconsistencies that may require follow up discussions and/or inspections with the licensed payday lender. Also, during routine inspections, reviews are conducted to assess the accuracy of the data.