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High cost credit : Consumer Protection Act

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, 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, describes prohibited practices for licensed high-cost credit lenders, and outlines the rights of borrowers of high-cost credit.

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