To better protect borrowers who take out high-cost loans, high-cost credit lenders will be required to comply with legislation, making NL the first Atlantic Province to implement a regulatory regime specific to high-cost credit lenders.
Effective June 1st high-cost credit lenders must be licensed to operate in this province. These lenders are distinct from banks, credit unions and payday lenders, and offer installment loans at high interest rates. The cost of borrowing may include additional fees and compounding interest. To better protect borrowers who take out high-cost loans, high-cost credit lenders will be required to comply with legislation, making NL the first Atlantic Province to implement a regulatory regime specific to high-cost credit lenders.
24 year old man caught doing speeds up to 163km/hr in a 100 zone on the TCH near Deer Lake
Application deadline is next week for the NL Home Heating Supplement Program
"Try Rugby Day" this Sunday at Corner Brook Regional High School
No mail delivery or collection in Corner Brook or Stephenville today
Cabinet committee touring areas damaged by wildfires this past summer and speaking with those affected
