View Single Post
  #1  
Old 03-16-2009, 02:29 PM
trent trent is offline
Senior Member
 
Join Date: Jun 2008
Posts: 387
Default Payday Loans Regulation in Ontario

Starting April 1st consumers taking out payday loans in Ontario can be charged a maximum of $21 for every $100 borrowed. The provincial officials announced that the new regulations were introduced to protect consumers. There is a new requirement for all payday loan lenders to be licensed.
__________________
No debt
Reply With Quote