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Government proposes law changes to strengthen protections for British Columbians who use alternative high-cost credit products

Today, the BC Government announced more measures as part of BC’s Consumer Financial Protection Action Plan.  Proposed amendments to the Business Practices and Consumer Protection Act aim to strengthen protections for consumers who use alternative high-cost credit products and services.    Once the legislation is in force, Consumer Protection BC, which already licenses and regulates payday lenders, will also become […]

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2019-02-26

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