Government of Saskatchewan
Tuesday, May 22, 2018
Financial and Consumer Affairs Authority

Payday lenders may not charge more than $17 for every $100 borrowed under a payday loan agreement. 

This amount must include all fees whatsoever that may be directly or indirectly connected to your loan, including:

  • interest;
  • loan administration or processing fees;
  • application fees; 
  • brokerage fees.

 

 



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