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Difference between revisions of "Types of Lenders and Creditors"
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Types of Lenders and Creditors (view source)
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Certain finance companies make small, short-term, high-interest loans that go by a variety of names: payday loans, cash advance loans, post-dated cheque loans, etc. | Certain finance companies make small, short-term, high-interest loans that go by a variety of names: payday loans, cash advance loans, post-dated cheque loans, etc. | ||
As of November 1, 2009, the [https://www.canlii.org/en/bc/laws/stat/sbc-2004-c-2/latest/sbc-2004-c-2.html#sec112.01_smooth ''Business Practices and Consumer Protection Act''] was amended to add a new part specifically to lay out the legislative framework dealing with payday loans. The details of this framework are discussed in the section on payday loans. | As of November 1, 2009, the [https://www.canlii.org/en/bc/laws/stat/sbc-2004-c-2/latest/sbc-2004-c-2.html#sec112.01_smooth ''Business Practices and Consumer Protection Act''] was amended to add a new part specifically to lay out the legislative framework dealing with payday loans. The details of this framework are discussed in the section on [[Payday Loans|payday loans]]. | ||
=== Tax-refund buyers === | === Tax-refund buyers === | ||
