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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: 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.

Updated

October 16, 2018

Tags
credit cards credit rates high-cost credit interest rates lines of credit pawn loans retail cards

Title and publication information

Type
Fact Sheet
Extent

6 pages

Frequency

Once

Publisher / Creator Information

Creator
Service Alberta
Publisher

Service Alberta

Place of Publication

Edmonton

Subject Information

Resource Dates

Date Created

2018-10-16

Date Added

2018-10-16T16:54:37.661885

Date Modified

2018-10-16

Date Issued

2018-10-16

Audience information

Identifiers

Usage / Licence

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