All Resources

Report : An Act to End Predatory Lending

Description

Legislatively mandated annual report including data provided by all licensed payday lenders across Alberta.

Tags

2020 payday loan aggregate data - Alberta

Description

Payday loan licensees were required to submit information related to their high-cost lending operations for the 2020 calendar year. The information in this document reflects the reported payday... More ≫

Description

Payday loan licensees were required to submit information related to their high-cost lending operations for the 2020 calendar year. The information in this document reflects the reported payday loan activity of Alberta's licensed payday loan businesses between January 1 and December 31, 2020.

Tags

Consumer Alert: True Loan Inc. o/a True Payday Loan / Group Buddy Inc. / Groupe Buddy Inc.

Description

A consumer alert was issued by the Director of Fair Trading against True Loan Inc., operating as True Payday Loan, Group Buddy Inc. and Groupe Buddy Inc. These lenders are not licensed to engage... More ≫

Description

A consumer alert was issued by the Director of Fair Trading against True Loan Inc., operating as True Payday Loan, Group Buddy Inc. and Groupe Buddy Inc. These lenders are not licensed to engage in payday or high-cost lending in Alberta. Investigations into consumer complaints have determined these lenders have engaged in prohibited lending and collection practices under the Consumer Protection Act, Payday Loan Regulation, and High-Cost Credit Regulation.

Tags

High-cost credit and payday loan business compliance standards [2020]

Description

This document provides direction for businesses required to be licensed by the Consumer Protection Act under the High-Cost Credit Regulation and Payday Loans Regulation. Compliance with these... More ≫

Description

This document provides direction for businesses required to be licensed by the Consumer Protection Act under the High-Cost Credit Regulation and Payday Loans Regulation. Compliance with these standards is a requirement for the purposes of licensing in Alberta.

Tags

Undertaking: Finabanx Ltd. o/a iCash

Description

Undertaking made by Finabanx Ltd., operating as iCash, to the Director of Fair Trading in acknowledgement of wrongfully failing to comply with the provisions of the Consumer Protection Act.

Tags

Undertaking: Electra Equities Ltd. o/a Speedy Cash

Description

Undertaking made by Electra Equities Ltd., operating as Speedy Cash, to the Director of Fair Trading in acknowledgement of wrongfully failing to comply with the provisions of the Consumer Protection Act. More ≫

Description

Undertaking made by Electra Equities Ltd., operating as Speedy Cash, to the Director of Fair Trading in acknowledgement of wrongfully failing to comply with the provisions of the Consumer Protection Act.

Tags

Undertaking: Cashco Financial Inc.

Description

Undertaking made by Cashco Financial Inc. to the Director of Fair Trading in acknowledgement of wrongfully failing to comply with the provisions of the Consumer Protection Act.

Tags

High-cost credit and payday loan business compliance standards [2018]

Description

Sets compliance standards and guidelines for high-cost credit businesses and payday loan businesses operating under the Consumer Protection Act.

Tags

Government of Alberta 2017 aggregated payday loan data report

Description

This annual report summarizes information about payday lending in Alberta and the development of alternatives to payday loans.

Tags

Director's Order: 9129-6004 Quebec Inc. o/a Greenriver Finance

Description

Director's order imposed on 9129-6004 Quebec Inc. o/a Greenriver Finance to cease offering, arranging, or providing payday loans in Alberta until it has been issued a payday loan business licence... More ≫

Description

Director's order imposed on 9129-6004 Quebec Inc. o/a Greenriver Finance to cease offering, arranging, or providing payday loans in Alberta until it has been issued a payday loan business licence under the Consumer Protection Act.

Tags