x After short-term rates of interest rose significantly, beginning into the summertime of 2004, subprime loans reset with much bigger re re re payments. Consequently, it’s not clear exactly how many subprime borrowers had been undoubtedly victimized by predatory loan providers and just how most merely have misfortune with high-risk loans they took in with…
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Legislative Assembly of Ontario. Bill 193, Payday Advances Act
Legislative Assembly of Ontario. Bill 193, Payday Advances Act 13. (1) If the Registrar proposes to suspend or revoke a licence under part 10 in which he or she considers it within the general public interest to do this, the Registrar may by purchase instantly suspend the licence. Expiration of purchase (2) If a hearing…