All Resources

An Act to End Predatory Lending

Description

Requires the Minister to work with financial institutions and community advocacy groups to promote and report on development and implementation of short term lending alternatives to payday loans. The Act will allow the Lieutenant Governor in Council, acting on the Minister’s advice, to further reduce the maximum cost of borrowing to an annualized 60 per cent when they are satisfied that these alternative products are available and there are sufficient numbers of individuals using these alternatives to payday loans.

Updated

December 15, 2017

Tags
consumer protection legislation law

Title and publication information

Frequency

Once

Publisher / Creator Information

Publisher

Queen's Printer

Place of Publication

Edmonton

Subject Information

Resource Dates

Date Created

2017-12-15

Date Added

2017-02-01T20:55:28.703267

Date Modified

2017-12-15

Date Issued

2017-12-15

Identifiers

ISBN (print)

9780779800650

Usage / Licence

Contact

Contact Name

Alberta Queen's Printer

Contact Email

qp@gov.ab.ca

Contact Other

780-427-4952