Recent enforcement actions details

Case number: 
30309

Business:
Cashco Financial Inc.

Does business as:
Cashco

Individual First Name:

Individual Last Name:

Attached PDFs: 


    Summary:

    Allegation

    • Failing to ensure payday loan repayment terms comply with requirements of section 23 (2)(b) of the Payday Loans Regulation

    Decision Outcome

    • The alleged contravention is confirmed

    Actions Taken

    • Order for refund of payday loan fees to affected borrowers
    • Requirement to take remedial actions in regard to payday lending practices
    • Order for inspection costs of $600