(2) No loan broker shall facilitate a contravention of subsection (1). 2008, c. 9, s. 36 (2).
Type of disclosure of data
37 (1) A licensee who’s necessary to reveal information under this Act shall make certain that the disclosure is obvious, prominent and comprehensible. 2008, c. 9, s. 37 (1).
Information to borrower
(2) A licensee that is needed to deliver information up to a debtor under this Act shall make sure that the details, as well as complying with subsection (1), is in an application that enables the debtor to hold it. 2008, c. 9, s. 37 (2).
ROLE IV Borrowers’ Rights and treatments
38 absolutely Nothing in this Act will be interpreted to restrict any remedy or right that the debtor could have in legislation. 2008, c. 9, s. 38.
No waiver of liberties
39 (1) The substantive and rights that are procedural under this Act use despite any contract or waiver to your contrary. 2008, c. 9, s. 39 (1).
Term needing arbitration
(2) Without restricting the generality of subsection (1), any term or acknowledgment in a pay day loan contract that calls for or has got the aftereffect of requiring that disputes arising out from the pay day loan agreement be submitted to arbitration is invalid in as far as it stops a debtor from exercising the right to commence an action within the Superior Court of Justice offered under this Act. 2008, c. 9, s. 39 (2). Read More →