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High-cost credit : business tips

Description

As of January 1, 2019 high-cost credit businesses must be licensed under the Consumer Protection Act and the High-Cost Credit Regulation. This fact sheet explains high-cost credit and describes:... More ≫

Description

As of January 1, 2019 high-cost credit businesses must be licensed under the Consumer Protection Act and the High-Cost Credit Regulation. This fact sheet explains high-cost credit and describes: licensing requirements for high-cost credit lenders, information that must be provided to borrowers of high-cost credit, and powers of inspectors and investigators to inspect a high-cost credit lender.

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