Payday advances in Alberta Reviewed. The Cash Advance Business in Alberta

Payday advances in Alberta Reviewed. The Cash Advance Business in Alberta Pay day loans in Alberta are allowed under area 347.1 of this Criminal Code. Parliament amended the Criminal Code to permit the provinces to manage the pay day loan industry. The Province of Alberta control pay day loans via pay day loans Regulation 157 with amendment up to and including Alberta Regulation 134. In Alberta, payday advances had been permitted at prices all the way to $23 per $100 lent. (altro…)