Pay Day Loan Establishments. People, partnerships or corporations.

Pay Day Loan Establishments. People, partnerships or corporations.

Any premises, or any area of the premises that runs as a lending that is payday as defined because of the pay day loans Act.

The loan that is payday arrived into influence on August 1, 2018. Payday financing businesses should have obtained a pay day loan licence by October 1, 2018 to use in Toronto.

Must hold a legitimate licence as of might 1, 2018 as a loan provider or that loan broker beneath the pay day loans Act.

Please review application requirements outlined below and finish any necessary kinds.

Go to the Licence & Permit Issuing workplace at East York Civic Centre found at 850 Coxwell Ave, third flooring as applications must certanly be prepared in individual.

Note: at the time of June 3, 2019, applications will never be accepted unless all papers are submitted.

The sheer number of licences given because of the populous City is bound to 212. This represents the final number of licences that had been legitimate underneath the pay day loans Act, 2008, and had been running in Toronto at the time of might 1, 2018. More →