Report your high-cost credit grantor aggregate data
When you renew your high-cost credit grantor licence by October 31, 2023, you will be required to self-report your annual aggregate loan data. That reporting period will be from July 1, 2022, through June 30, 2023. Please ensure that you are keeping the proper records to track and put together the required data.
Read the High-Cost Credit Product Regulation, section 10 (currently available through OIC 635/2021).
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.
All aggregate loan data is uploaded online through the MyAccount platform. You must report data for each location as well as aggregated for all locations if your business has multiple locations in BC. You must report data separately for all high-cost credit products arranged, provided, or facilitated online through a web domain.
